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Investors can bid for 76 shares in one lot and in multiples thereafter. About 75% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors and 10% for retail investors

​Typically, RSI is a momentum indicator used in the technical analysis of stocks and helps to determine the overvalued or undervalued state of the security.​

Investors continued to book profits in largecap funds, as this category saw net outflows for the third straight month in July. The net inflows last month were Rs 1,880 crore, compared to outflows of Rs 2,049.6 crore in June.

Standalone Q1 profit growth was reported at 39% aided by favourable raw material costs and operational efficiencies. The profit after tax (PAT) for the April-June quarter stood at Rs 326 crore versus Rs 234 crore in Q1FY23. Standalone Q1 net sales at Rs 2740 crore, up 10%, with high double-digit volume growth led by a healthy uptick across urban and rural markets, the exchange filing said.

From the Sensex pack, JSW Steel, Tata Motors, and M&M were the top gainers, rising 2-3%. Adani Wilmar shares closed 4% lower, following the report that Gautam Adani is considering selling stake in the firm

A total of 16,888 shares changed hands on the counter till 02:05PM (IST).

These nine stocks can rise between 2-48%.​

Bharat Forge said its board at its meeting held on Wednesday also approved conversion of existing inter corporate deposits given by it to Kalyani Powertrain Ltd (KPTL), a wholly-owned arm, along with interest amounting to Rs 111.3 crore into equity shares, to reduce the overall borrowings at KPTL.

​Secondly, I think there are several issues concerning growth, does the RBI see that the high 8% still and finally when you look at the bond market data on may be how much of the Rs 2000 notes have come back

“If you look at our view in terms of markets, we believe that earnings have been in general good. There are tailwinds but maybe valuations have run a little ahead of themselves, a little above their long-term averages. So if the market consolidates for a bit so that the earnings actually catch up to the valuations, that will be probably a good thing.”