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A total of 38,795 shares changed hands on the counter till 02:11PM (IST)

Global funds have poured a cumulative $465 million into Indian bonds over 13 straight days, the longest stretch since June 2017, on optimism that the US Federal Reserve and Reserve Bank of India may slow the pace of rate increases.

According to the data from BSE, the investors made bids for 5,78,325 equity shares or only five per cent compared to the 1,28,00,000 equity shares offered for the subscription by 1.10 pm on Monday, December 12.

The Relative Strength Index of the stock stood at 44.01 on Monday.

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There is a new wave of Angels, HNIs and VCs who believe deeply in the value addition that technology-led innovation can bring to society and are always on the lookout to back entrepreneurs who can lead the disruption, FAAD Co-founder and Director Karan Verma said.

The stock quoted a 52-week high price of Rs 1419.0 and a 52-week low of Rs 1037.8.

Bharat Petroleum Corporation, incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 73863.06 Crore) operating in Gas & Petroleum sector.

However, JPMorgan estimated earnings to remain under pressure in F23/24 as the company catches up on back book provisioning. This keeps the F24 estimate broadly unchanged. However, with limited new stress formation and system growth itself picking up, it sees the further scope of re-rating at PNB, the brokerage said.

A total of 39,409 shares changed hands on the counter till 01:56PM (IST)