The stocks most likely to witness significant movement on the bourses on January 3, 2019 are PNB Housing Finance, Pennar Industries Limited and Pennar Engineered Building Systems, Vijaya Bank, Capacit’e Infraprojects and Kellton Tech Solutions.

The company announced the successful implementation of Optima, a cloud-based artificial intelligent-enabled IoT platform in the oil and gas industry. Kellton proprietary IoT Edge device Envision was used for this project. 

Following stocks are close to their 52-week low as at 16.05 p.m. on Jan 02, 2019.

The markets on Jan 02, 2019 opened up. BSE Sensex is trading at 35,891.52, down by 363.05 points and the Nifty is trading at 10,792.50 down by 117.60 points. 

Capacit’e Infraprojects has bagged an order from Institute of Chemical Technology. The shares of the company reached an intraday high of 3 per cent on Thursday.

The shares of Atul auto rallied as the company reported its December sales number. 

Gold has reached near short-term resistance US$1,287 which is 61.8 per cent Fibonacci retracement level of recent down move started from the high of April 2018 to the low of August 2018.

PNB Housing Finance raised Rs. 1,853 crore, i.e., US$ 265 million, by means of External Commercial Borrowing (ECB) on December 28, 2018. The company intends to utilize the funds for normal on-lending operations.

The year 2018 was supposed to be a year of equity, however, at the end of it, we find debt funds have performed better than equity funds. Read on to find the important lesson it teaches about financial planning and asset allocation

The Nifty PSU Bank Index is designed to reflect the performance of the public sector banks.The Nifty PSU Bank index disappointed investors in 2018 with a negative return of 16.55 per cent as against the stellar return of 24.09 per cent in the calendar year 2017.