After Hours: Bulk deals, MACD chart reading and IPO updates

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Domestic stocks resumed decline on Thursday after a day of gains, as trade war tensions came back to haunt investors
Thursday told a press conference that the timeline for announcement of IPO price band has been reduced to two days from five days earlier
This apart, shareholding of foreign holding in Market Infrastructure Institutions (MIIs) has been harmonised at 15 per cent, Tyagi said
READ MOREBulk deals lift Zee sharesShares of ZEE Entertainment ended half a per cent higher at Rs 563.80 apiece on BSE after 22 lakh shares
changed hands in a block deal
Infibeam Incorporation ended flat with a negative bias after 47.7 lakh shares were traded in four block deals on NSE and BSE at Rs 151-Rs
153.45 per share. Jubilant falls as Porinju lowers stakePorinju Veliyath-led Equity Intelligence India sold 98,910 equity shares of Jubilant
Industries through open market on June 18, 2018
The stock slipped 4 per cent to close at Rs 171.10 on BSE
IPO corner: RITES sailsThe initial public offering of RITES was subscribed 2.04 times till 4:45 pm
Total bids received stood at 5,13,36,160 against the total issue size of 2,52,00,000 shares
The issue of Fine Organic Industries was subscribed 38 per cent
Total bids received stood at 20,56,427 shares against total issue size of 53,65,497 shares
Spurt in open interestJubilant FoodWorks witnessed the biggest spurt in open interest at 146.12 per cent, followed by SRF (26.86 per cent)
and Sun TV (19.48 per cent). MACD has bearish signal for NiftyTechnical indicator momentum indicator moving average convergence divergence,
or MACD, showed bearish crossover for the Nifty50 index
The MACD is known for signalling trend reversal in a traded security or index. Most active stocksJP Associates, ICICI Bank, IDFC Bank, CG
Power and Punjab National Bank were the most active stocks in terms of volume while those of RIL, HDFC Bank and HDFC were the most active
stocks in terms of value.