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The stock quoted a 52-week high of Rs 3533.3 and a 52-week low of Rs 1982.45.

“Banks which are quicker, faster, agile and have better technology, can partner faster and with a large number of fintechs, definitely will be able to serve their customer base much better compared to banks which are relying on their own solutions. ”

The Relative Strength Index of the stock stood at 50.63 on Wednesday.

Bharat Forge Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 38061.87 Crore) operating in Auto Ancillaries sector.

A digital currency issued by the central bank would be different from other cryptocurrencies such as bitcoin, because this currency would give a person or business a direct claim on the central bank, the same as with physical cash.

Promoters held 0.0 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 8.69 per cent and 3.38 per cent, respectively.

The majority of the brokerages are positive over the IPO of the Kolkata-based company and have suggested investors bid for the issue both for a listing pop and long-term gains.

The largest cryptocurrency was down about 2.5% to $59,000 as of 11:23 a.m. in Hong Kong on Wednesday, retreating for a fourth straight day. Ether fell 3.4% to $4,110 to its lowest level since Oct. 28. The top tokens were all nursing declines of at least 10% over the past seven days.

“Our portfolio’s single largest overweight sector is IT, rather than banking and that is a shift in trend that is happening and this is a decadal shift.”

The Relative Strength Index of the stock stood at 48.02 on Wednesday.