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The monthly options data indicated that 21,700-21,800 may be an initial resistance for the Nifty 50, followed by the psychological mark at 22,000 with support at the 21,500 mark

According to the numbers collated by Venture Intelligence that tracks private capital and debt flows, and industry body IVCA, investments by private equity and venture capital funds as of December 20, 2023, fell to a low of USD 27.9 billion across 697 transactions, as against USD 47.62 billion inflows in 2022 across 1,364 deals.

As the Indian benchmark indices extended their winning streak to the third session, analysts attribute the strong momentum to the underlying bullish sentiment among investors.

Market watchers believe that the Santa Claus rally is on and bulls will continue to rule the Street ahead of monthly FO expiry

The biggest gainers on the Nifty included Hindalco Industries, UltraTech Cement, Bajaj Auto, JSW Steel and Tata Motors, while losers were ONGC, NTPC, Adani Enterprises, UPL and Adani Ports.

The company is set for a record year in terms of sales in 2023. It has already clocked a total of 2,10,479 units in the January-November period of 2023, beating the previous highest yearly sales of 1.72 lakh units in 2012.

The NCDs with credit rating – CRISIL AA-/Positive by CRISIL Ratings offered Coupon Rate in the range of 9-10 percent per annum with quarterly and annual interest option

Analysts expect limited downside pressure on the Nifty 50 as the year end approaches.

At present, exports of most of the fruits from India are happening by air route because of lower volumes and different ripening periods.

The company said that this transaction would help Piramal Enterprises and its subsidiaries to fulfil their future office space needs