11MPR.BO up 20.71% on 02 Jan 2026 BSE close: review and model outlook
We saw 11MPR.BO (Nippon India Equity Hybrid Fund- Segregated Portfolio 2 Units 2020-MONTHLY DIVIDEND REINVESTMENT) close at INR 84.56 on 02 Jan 2026 on the BSE, up 20.71% (INR 14.51) from a previous close of INR 70.05. The move came on volume of 761 shares versus an average volume of 414, giving a relative volume of 1.79 and signalling stronger-than-normal interest. We open with price action because it sets the context for technical overbought readings and a sharply different short-term forecast from our model.
Market close recap
At market close on 02 Jan 2026 the fund traded between INR 84.55 and INR 84.56, with a day high at INR 84.56 and day low at INR 84.55. The intraday jump of INR 14.51 represented a 20.71% increase on the BSE in India, lifting the price well above its 50-day average of INR 41.33 and above its 200-day average of INR 67.80.
Technical snapshot
Momentum indicators are signalling an overbought short term: RSI at 83.74, Stochastic %K at 99.86 and MACD at 6.94 with a signal line of 3.09. Volatility measures show ATR at INR 5.10 and Bollinger upper band at INR 69.15, indicating price now sits well above the upper band. On-balance volume (OBV) sits at 3546.00, consistent with buying pressure.
Fund profile, liquidity and metrics
Nippon India Equity Hybrid Fund- Segregated Portfolio 2 (11MPR.BO) is listed on BSE as an asset management fund in the Financial Services sector in India. Reported EPS and P/E are not available for this fund structure; market cap is recorded as INR 0 in the feed. Average daily volume is 414; today’s 761 shares traded shows a liquidity uptick but absolute turnover remains small compared with large-cap equities.
Meyka AI grade and technical outlook
Meyka AI rates 11MPR.BO with a score out of 100: total score 55.05, Grade C+, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technicals show a strong short-term uptrend (ADX 30.99) but clear overbought readings; our grade balances momentum with limited fundamental data and thin liquidity.
Price forecasts and model view
Meyka AI’s forecast model projects a monthly target of INR 42.99 versus the current price of INR 84.56, implying a model-based downside of -49.14%. Forecasts are model-based projections and not guarantees. Traders should treat the monthly figure as a statistical projection informed by historical patterns and limited fund-specific inputs.
Sector context and risks
The Financial Services sector in India shows moderate recent performance and average PE near 33.66 for peers; asset management names can be volatile on NAV updates, reclassifications or small-volume trades. Key risks here are low liquidity, absence of standard earnings metrics (EPS/PE), and very high short-term momentum that can reverse quickly.
Final Thoughts
11MPR.BO finished the BSE session on 02 Jan 2026 at INR 84.56, a strong intraday gain of 20.71% on above-average volume. Short-term technicals are overbought with RSI at 83.74 and multiple momentum oscillators at extreme readings, suggesting profit-taking risk near-term. The fund lacks standard earnings metrics, and liquidity remains limited—average volume is 414 versus today’s 761—which amplifies price moves. Meyka AI’s quantitative model projects a monthly level of INR 42.99, implying a model-based downside of -49.14% from the current price; this highlights the divergence between momentum-driven moves and model valuations. Our proprietary grade (C+, score 55.05) reflects a HOLD stance, balancing recent price strength with limited fundamentals and thin trading. Investors should prioritise position sizing, watch for NAV or fund-specific announcements on BSE, and use stop management if trading the move. Meyka AI is an AI-powered market analysis platform and this article is informational, not investment advice. Forecasts are model-based projections and not guarantees.
FAQs
The surge to INR 84.56 on BSE was driven by above-average volume (761 vs 414) and strong momentum indicators; no EPS or corporate announcement is in the feed, so thin liquidity and technical buying likely amplified the move.
Meyka AI’s forecast model projects a monthly level of INR 42.99, which implies a model-based downside of approximately -49.14% from the current price of INR 84.56; forecasts are model-based and not guarantees.
Given limited fundamental metrics, small average volume and overbought technicals, consider a conservative approach: limit position size, set explicit stops and wait for confirmation such as NAV updates or sustained volume before adding exposure.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
