Indian benchmark indices are likely to open tad lower on the final trading session of the week amid free fall on the Wall Street in overnight trading and negative cues prevailing in the Asian markets. Going ahead, traders will keep an eye on Nikkei Indian Services PMI for December. The SGX Nifty suggests that Nifty may open around the level of 10,716, down by 4 points.  

The stocks most likely to witness significant movement on the bourses on January 4, 2019 are Sun Pharmaceutical Industries, Dena Bank, Vijaya Bank and Bank of Baroda, National Highways Authority of India, Nestle India and ECL Finance.

The stock of Ajanta Pharma has reached near its downward sloping trendline resistance formed by connecting swing highs from October 2016, on the weekly time frame.

Markets plunge on negative global cues. Metals, Media and Auto stocks act as the biggest draggers. Index heavyweights like HDFC, Reliance and L&T pull down the benchmark index BSE Sensex by 377.81 points, on Thursday.

Better demand scenario and drop in raw material prices are likely to help companies from this sector to post better numbers in Q3FY19.

The construction business segment of Larsen & Toubro has secured an order totaling up to Rs. 1,060 crore.

The year 2018 has ended and the new year has begun. So let’s turn back and look at the mutual fund categories which performed well in the year 2018.

Following stocks are close to their 52-week low as at 12.54 p.m. on January 3, 2019.

The markets on January 03, 2019 opened up. BSE Sensex is trading at 35,662.24, down by 229.28 points and the Nifty is trading at 10,711.05, down by 81.45 points. 

The integrated pharma R&D company has received USFDA nod for pramipexole dihydrochloride extended-release tablets in various dosages.