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Volume profile indicates Nifty may find support around the 18150-18200 zone, which was tested today. The highest OI was observed at 18500, followed by a 18600 strike price, while on the Put side, the highest OI was at an 18300 strike price.

Best-performing equity MFs of 2022

Updated at : 2022-12-20 18:25:03

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“In the last couple of weeks, when they had their analyst meet, the management has guided a strong commentary on how all the segments did. Bharat Forge has rallied from the Q2 numbers and is already up 15% post their Q3 numbers. One should wait and the risk to reward would not be favourable but at any selloff, one should build it up in Bharat Forge. ”

The public issue with a face value of Re 1 per equity share comprising a fresh issue of up to Rs 60 crore and an offer for sale (OFS) of up to 3,31,25,000 equity shares by existing shareholders. The floor price of Radiant is 94 times the face value of the equity shares, and the cap price is 99 times the face value of the equity share.

Nifty settled with a loss of 35 points at 18,385. Among sectoral indices, Nifty IT and Nifty Metal ended higher, while all other indices ended in the red.

With this issue, Mindspace REIT has broadened its debt profile further. At the time of its IPO, in August 2020, 100% borrowings of Mindspace REIT were in the form of bank borrowings at the asset’s special purpose vehicle level.

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The decision for the same is based on the recommendations in the Keki Mistry report, which suggested phasing out share buybacks from the open market through stock exchanges as these are prone to misuse.

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The 82.50-83.00 is the immediate expected trading level for USD/INR, Jateen Trivedi, analyst at LKP Securities, said. The proper breach of the dollar index on either side of 104 to 105 will provide direction for the rupee, he added.

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Gyan Enterprises Pvt Ltd and Chowdry Associates are the two promoter group entities that sold the stake, the company said in an exchange filing.

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