The floor price is set at Rs 92.58, which is at 22 per cent discount from its previous close of Rs 119.

The level of 11,300 would be crucial to watch out on a closing basis. As a close below this would clearly mean that the weakened bulls have surrendered to the bears and the gate for further correction would be opened. The correction may extend towards the level of 11,086 as the 50-DMA is placed at this level. Stocks in news: Ratnamani Metals, Bharti Airtel, HDFC, Endurance Technologies, Dilip Buildcon.

With the start of a fresh week, the market participants hoped that the market will have a fresh start too but the early trend in SGX Nifty is indicating that the ‘Monday effect’ is likely to rule the markets.

Here is a list of mutual funds that are in line to be launched.

Happiest Minds Technologies, a digital services company, is hitting the primary capital market with its IPO. Read on to find out why you should subscribe to this issue.

New Fund Offers (NFOs) that are open for subscription.

The stock is meeting the criteria of Mark Minervini’s trend template. The current stock price is above both the 150-day (30-weeks) and 200-day (40-weeks) moving average price lines.

Reliance Industries Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

On the weekly timeframe, the stock has formed a reversal ‘shooting star’ candlestick pattern as on the weekend of August 28, 2020, followed by a sizeable bearish candle. This suggests a possible trend reversal in the stock.

Open Interest (OI) is the total number of outstanding contracts. It gauges the market participation. Open Interest is the number of contracts that are still open (i.e has not yet been exercised, closed/squared off, or not yet expired).