According to NSE guidelines, when a stock surpasses 95% of its MWPL, it is placed in the ban period, during which traders can only reduce their open positions through offsetting trades.
Asian markets trading lower on Tuesday after preparation of monetary loosening cycle kicks off by Federal Reserve.
Here are some of the stocks that may see significant price movement today: TVS Motor, Reliance Infrastructure, JK Tyre & Industries, etc.
The IPO consists of a fresh issue of equity shares worth ₹410 Crore, with no offer-for-sale (OFS) component.
The price band for the Northern Arc Capital Ltd IPO is set between ₹249 to ₹263 per share.
Brent crude futures for November finished at $72.75 a barrel, up $1.14 or 1.59%. U.S. crude futures for October finished at $70.09, up $1.44 or 2.1%.
On Tuesday, the dollar traded at its lowest levels of the year, ahead of the projected start of a U.S. easing cycle.
The IPO of PN Gadgil Jewellers was heavily subscribed, attracting a total subscription of 59.41 times.
During the April-June quarter, the company's gross debt climbed by 16% while its net debt increased by 29% sequentially.
Spot gold was unchanged at $2,582.84 per ounce. On Monday, bullion reached a record high of $2,589.59.

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