DFM Foods down 7% on open offer announcement by Advent International The open offer for 1.3 crore shares having a face value of Rs 2 each at an offer price of Rs 249.50 per equity share. However, it is lower than Rs 270.20 at which DFM Food shares closed on BSE on Monday.
Stocks in the news: ITC, Cipla, Oil India, Petronet LNG, Kalpataru Power, Punjab & Sind Bank Avenue Supermarts | Petronet LNG | NALCo | Cipla | Nelcast and Bombay Dyeing are stocks, which are in news today.
Trade Setup for Monday: Top 15 things to know before Opening Bell Experts feel that there could be a possibility of further downside if Nifty50 trades below 12,160 levels in the coming week as well. The near term outlook is tilted towards bears as MACD gave a bearish crossover or triggered a sell signal on charts.