Most of us are fond of cricket and we follow it very closely. So what risk and returns lessons can we learn from cricket? Let’s find out.

The WTI crude oil extended its northward movement for the seventh consecutive day on Tuesday, after forming a base around US$ 42.40. On the way up, oil prices managed to close above its short-term moving average, i.e. 21-day exponential moving average.  

Technically, USD/INR bounced from its strong support zone of Rs 69.40-Rs 68.86 as it is the confluence of 50-weeks exponential moving average, opening-gap support created on August 16,  2018 (Rs 69.03- Rs 69.40) and 50 per cent of its recent upward move.

The stock of Vakrangee surges for the second consecutive day on Tuesday after the company released a survey report of its services by Grant Thornton. The stock was up 5 per cent in morning trade.

Overall volumes in futures & options currently stand at 91.32 lakhs contracts with a turnover of Rs. 5,49,827.15 crore.

Overall volumes in futures & options currently stand at 91.32 lakhs contracts with a turnover of Rs. 5,49,827.15 crore.

We expect Nifty to continue its range-bound movement as it remain trapped in-between the range of its 50-day and 100-day moving average. It has to move past some important overhead resistances to give a sustainable move. Stocks in news: Prabhat Diary, Bandhan Bank, Endurance Technologies, Exide Industries, HFCL, TCS and National Peroxide.

Indian markets are expected to open flat on Tuesday, tracking mixed trend seen in other Asian markets. The trend on SGX Nifty indicates a flat opening for Nifty with a loss of 2.50 points at 10,802.50. The Central Statistical Organisation (CSO) has pegged the full year GDP growth estimate for India at 7.2 per cent for the fiscal. The real growth rate of 7.2 per cent for the FY2018-19 will be higher than the 6.7 per cent reported in FY2017-18.  

The year 2018 has not stopped some of the mutual funds from increasing their AUM. However, some of them have also lost their AUM. So let’s find out who shined and who lost.

The stocks most likely to witness significant movement on the bourses on January 8, 2019 are Syndicate Bank, Reliance Communications, Mahindra & Mahindra, Jet Airways and Bandhan Bank.