Index trend and stocks in action December 26, 2018
Index trend and stocks in action December 26, 2018

Index trend and stocks in action December 26, 2018

Vinayak Gangule Article rating: 5.0

Going ahead, the zone of 10580-10570 is likely to act as crucial support for the index as it is the confluence of 50-day simple moving average. Failure to hold this support would lead to further correction up to the level of 10500, followed by 10450. On the upside, the 200-day moving average is likely to act as immediate hurdle which is currently placed around the level of 10767. Stocks in news: GODREJ INDUSTRIES, SHREE CEMENT, MANALI PETRO, CEAT Ltd, RANE ENGINEERS, HESTER BIO, NAGARJUNA FERTILISERS

Markets may open with a gap-down following weak global cues
Markets may open with a gap-down following weak global cues

Markets may open with a gap-down following weak global cues

Vinayak Gangule Article rating: 5.0

Indian stocks are likely to witness a gap-down opening following weakness seen across Asian markets and as the US equity futures pointed to substantial fall on the Wall street. The US political uncertainty added to heightened concerns over the slowing global economy. The SGX Nifty Index Future has declined 62 points from Monday’s close, indicating Nifty may open around the 10620 level. 

Mukta Arts likely to touch Rs. 51
Mukta Arts likely to touch Rs. 51

Mukta Arts likely to touch Rs. 51

Vinayak Gangule Article rating: 4.8

The stock Mukta Arts Limited is currently trading at Rs. 46.05 per share. After a huge gap-up opening on Monday, stock has managed to extend their northward movement and end-up with 17.32 per cent gain.

Overnight Digest: Stocks to watch on December 26, 2018
Overnight Digest: Stocks to watch on December 26, 2018

Overnight Digest: Stocks to watch on December 26, 2018

Dnyanada Kulkarni Article rating: 4.8

The stocks most likely to witness significant movement on the bourses on December 26 are Max India, Power Finance Corporation, Suprajit Engineering, Wabco India and Hero MotoCorp.

IT stocks rebound as rupee slips
IT stocks rebound as rupee slips

IT stocks rebound as rupee slips

Gayathri Udyawar Article rating: 3.8

IT majors Wipro, TCS, Infy among the top gainers on Nifty50 even as the market dipped during the last trading session on Monday. The Indian rupee slipped below its sentimental support level of Rs. 70 per US dollar.


RIL purchases stake in VHL for US$ 5 million
RIL purchases stake in VHL for US$ 5 million

RIL purchases stake in VHL for US$ 5 million

Dnyanada Kulkarni Article rating: 4.0

Reliance Industries Limited (RIL) acquired 5.56 per cent equity stake in Vakt Holdings Limited, UK (VHL). The stake was procured on a fully-diluted basis for an amount of US$ 5 million. 

Circumvent these mistakes while investing in MFs
Circumvent these mistakes while investing in MFs

Circumvent these mistakes while investing in MFs

Henil Shah Article rating: 5.0

Despite opting for mutual funds people are not able to make the most out of its features because of investing in an ad-hoc way. So let’s discuss the mistakes one must circumvent while investing in mutual funds.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

Shital Jibhe Article rating: 4.0

The markets on December 24, 2018 opened gap down. BSE Sensex is trading at 35,778.68, up by 36.61 points and the Nifty is trading at 10,760.00, up by 6.00 points. 

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