It was a volatile trading session for Indian share markets today. After opening the day on a positive note, Indian share markets traded in a range throughout the day and ended on a flat note.

Benchmark indices turned volatile in the afternoon session but most of the losses were recovered in the last hour of trade as realty stocks rallied.

At the closing bell, the BSE Sensex stood higher by 54 points.

Meanwhile, the NSE Nifty closed higher by 27 points.

Apollo Hospital, IndusInd Bank, and ONGC were among the top gainers today.

BPCL, Divis Lab, and Tata Steel, on the other hand, were among the top losers today.

The SGX Nifty was trading at 17,616, up by 8 points, at the time of writing.

Broader markets ended on a positive note. The BSE Midcap index ended up by 0.8% while the BSE Smallcap index ended higher by 0.7%.

Sectoral indices ended on a mixed note with stocks in the realty sector and telecom sector witnessing maximum buying.

On the other hand, stocks in the IT and oil & gas sectors witnessed selling interest.

Shares of Lakshmi Machine, SKF India, and Adani Transmission hit their 52-week highs today.

CAMS's share price was in focus today as it rose following a steep fall in recent days.

Reliance, Bharti Airtel, and HDFC Bank were among the most active shares on the BSE today.

Asian stock markets ended on a negative note. The Nikkei ended the day lower by 0.5%, while the Hang Seng inched lower by 1.2%. The Shanghai Composite ended 1.9% lower.

The rupee is trading at 79.8 against the US$.

Gold prices for the latest contract on MCX are traded flat at Rs 51,410 per 10 grams.

Meanwhile, silver prices for the latest contract on MCX are trading down by 0.1% at Rs 55,150 per kg.

Of late, the gold price is falling while silver isn't far behind. Silver price is also falling as industrial demand for silver is under pressure while a stronger US dollar is adding to worries.

Once the Fed signals an end to the rate hikes (or hints at it) and when investors are confident the US economy will emerge from the recession, that's when we see gold and silver prices recovering.

Speaking of the stock market, at times when the share market has been consistently inconsistent, it becomes increasingly difficult to predict the price pattern of any share.

Hence, it becomes important to have a system in place where your investments and returns both, can also be regularized. This can be done by Systematic Investment Plans (SIP).

In news from the airline sector, the share price of SpiceJet gained 3% intraday today.

The Indian carrier company today announced that it is looking to raise funds. It is looking for investments from third parties including airlines and has also planned to add seven more Boeing aircraft to its fleet.

In recent months, the company has faced turbulence, especially with many of its flights suffering technical snags, and subsequently, the airline faced actions from the aviation regulator Directorate General of Civil Aviation (DGCA).

Commenting on the Boeing aircraft, Ajay Singh, Chairman of SpiceJet said:

We are doing it by way of the government-supported scheme ECLGS, getting new aircraft from Boeing and therefore through the SLB process, exploring options for fundraise... we are exploring all options.

As per reports, the budget carrier is also tapping a government program that extends emergency credit lines to businesses hit by the pandemic.

Besides, the board of private carrier SpiceJet will be meeting on 31 August to consider and approve the financial results for the June quarter of 2022.

Moving on to news from the IPO space, DreamFolks IPO was oversubscribed on the first day.

Airport service aggregator DreamFolks Services IPO opened today with an issue size of Rs 5,621 m. The price band of the issue is Rs 308- Rs 326 apiece. It is a three-day IPO to close on Friday, 26 August 2022.

The issue received a strong response as it was fully subscribed.

DreamFolks Services is a dominant player and India's largest airport service aggregator platform, an incubator of the industry with its unique, asset-light, capital-efficient business model.

DreamFolks carefully crafted a service proposition and a tech platform to provide its clients (such as card network providers, banks, airline operators, and hotels) the option of offering a wide-ranging bouquet of services to their end customers.

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