The Relative Strength Index of the stock stood at 50.63 on Wednesday.

Bharat Forge Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 38061.87 Crore) operating in Auto Ancillaries sector.

A digital currency issued by the central bank would be different from other cryptocurrencies such as bitcoin, because this currency would give a person or business a direct claim on the central bank, the same as with physical cash.

Promoters held 0.0 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 8.69 per cent and 3.38 per cent, respectively.

The majority of the brokerages are positive over the IPO of the Kolkata-based company and have suggested investors bid for the issue both for a listing pop and long-term gains.

The largest cryptocurrency was down about 2.5% to $59,000 as of 11:23 a.m. in Hong Kong on Wednesday, retreating for a fourth straight day. Ether fell 3.4% to $4,110 to its lowest level since Oct. 28. The top tokens were all nursing declines of at least 10% over the past seven days.

“Our portfolio’s single largest overweight sector is IT, rather than banking and that is a shift in trend that is happening and this is a decadal shift.”

The Relative Strength Index of the stock stood at 48.02 on Wednesday.

A total of 5,858 shares changed hands on the counter till 01:02PM (IST)

"There is a lack of news and this is some pure selling of spot and some additions of short selling. Outside of this, there is no significant news," said Matthew Dibb, chief operating officer at Singapore-based crypto asset manager Stack Funds.