Happy Forgings Limited IPO opens today ; Top News on December 19: Stock market update, Nifty Bank outlook, Nubia Z60 launch, Goa Liberation Day, Tamil Nadu floods update

Produced by: Bhoomika Aggarwal Designed by: Mohsin Shaikh

Happy Forgings Limited  IPO opens today

Happy Forgings Limited IPO Limited will open today (December 19). It will close on December 21. The IPO price band set at Rs 808 to Rs 850 per share. Credo Brands Marketing Ltd. RBZ Jewellers, Mufti Menswear and other brands will also start their subscriptions today

Stock Market update (December 19)

"After a flat opening, the Nifty traded erratic today, and closed the session at the opening level forming a kind of doji on daily chart. Bank nifty traded negative for the day and closed near to its day low. Index has a support around 21300-21220 zone.  Coming to the OI Data, on the call side, the highest OI observed at 21500 followed by 21600 strike prices while on the put side, the highest OI is at 21300 strike price. On the other hand, Bank nifty has support at 47650-47500 while resistance is placed at 48100 and 48200 levels" as per Deven Mehata, Research Analyst, Choice Broking

Nifty stocks

"Among sectors Nifty PHARMA, Nifty METAL and Nifty MEDIA ended in green while Nifty PSU BANK, Nifty PVT BANK and Nifty FMCG ended on the lower side. In Nifty stocks, BAJAJ AUTO, HINDALCO and ADANI PORTS were the top gainers while POWER GRID, ICICI BANK and ITC were the prime laggards," as per Deven Mehata, Research Analyst, Choice Broking

Petrol, diesel prices today (December 19)

Public sector OMCs, including BPCL, IOCL and HPCL, revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today in major cities

Goa Liberation Day (December 19)

On December 19, 1961, Goa officially became part of India and was declared as a Union Territory along with Daman and Diu. After 1961 Aguad became Goa's central jail which it remained till 2015

Nubia Z60 launch

The Nubia Z60 Ultra smartphone is scheduled to launch globally on December 19, 2023. It has an OLED display named at competing Realme GT 5 Pro, the OnePlus 12, the iQOO 12 Pro, and the Xiaomi 14 Pro

Tamil Nadu floods

Tamil Nadu has been hit by unprecedented rains. Tirunelveli, Thoothukudi, Tenkasi, and Kanyakumari have been mainly affected by floods