Produced by: Prashanti Moktan Designed by: Mohsin Shaikh
DOMS Industries Limited IPO is set to open for subscription today (December 13) and will close on Dec 15. DOMS IPO comes at a price band of Rs 750 to Rs 790 per share. DOMS IPO GMP was at Rs 505 as of 6:30 pm on Dec 12. DOMS shares will list on the BSE and NSE with the tentative listing date of December 20
India Shelter Finance Corporation Limited IPO will open for subscription today (December 13) and is set to close on Dec 15. India Shelter Finance IPO comes at a price band of Rs 469 to Rs 493 per share. India Shelter Finance GMP was at Rs 145 as of 6:30 pm on Tuesday. India Shelter Finance shares will list on the BSE and NSE with the tentative listing date of December 20
Caplin Point Laboratories Ltd (CHPLIND) and GEE Ltd are set to release their Q2 earnings for July-September 2023 today (December 13)
“After a flat opening, the Nifty traded erratic on Dec 12, reaching a new all-time high of 21,037.90 before correcting from higher levels and closing the session slightly above the 20,900 support level. Bank Nifty also retreated and found support near 47,000 before closing above 47,000 ahead of the US CPI data and FED meeting conclusion on December 13,” said Deven Mehata, Research Analyst, Choice Broking
"Following the recent impressive surge, the Nifty50 has undergone a consolidation phase on Tuesday due to anticipated elevated November inflation in India, driven by rising food prices, which may potentially delay RBI policy cuts. In contrast, the US inflation outlook remains stable, which could influence the upcoming US Fed policy. The Nifty Mid and Small indices, with robust rallies of 42% and 49% on a YTD basis, now carry a 25% premium to their long-term averages, signalling potential valuation concerns. Though the domestic growth outlook remains strong, the risk of EL-Nino is expected to keep the market under pressure," said Vinod Nair, Head of Research at Geojit Financial Services
"The Nifty has formed a bearish engulfing pattern on the daily chart, suggesting a possibility of a bearish reversal. On the higher end call writers have built a heavy position at 21000. On the lower end, put writers are heavily present at 20,800 and 20,900. Therefore, the Nifty is likely to remain mostly sideways to negative as long as it remains below 21,000. Only a decisive move above 21,000 might induce a resumption of the uptrend. Support is placed at 20,800, below which the index may consolidate further,” said Rupak De, Senior Technical analyst at LKP Securities
"The Bank Nifty index encountered resistance at higher levels, facing selling pressure and struggling to breach the 47,500 mark. The lower-end support for the index is positioned at 46.800, and a decisive break below this level could trigger additional downside movement toward the 46,400 levels. With weekly expiry approaching, heightened volatility is anticipated. Traders are advised to exercise caution and implement strict stop-loss measures on both sides of the market,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
BJP leader Vishnu Deo Sai is set to be sworn in as the new Chhattisgarh Chief Minister today (December 13) in Raipur. The oath-taking ceremony will be attended by PM Narendra Modi and Union Home Minister Amit Shah among other top BJP leaders
BJP leader Mohan Yadav will take oath as the new Madhya Pradesh Chief Minister today (December 13). PM Narendra Modi and other senior BJP leaders will be present at the oath taking ceremony
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