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. 

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.

Following stocks are close to their 52-week low as at 12.47 p.m. on December 24, 2018.

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. 

Lupin Limited has partnered with the global pharmaceutical company AbbVie Incorporated. AbbVie has licensed Lupin's MALT1 (Mucosa-Associated Lymphoid Tissue Lymphoma Translocation Protein 1) inhibitor program.

Himachal Futuristic Communications Ltd. (HFCL) secured two orders amounting to a total of Rs. 148 crore from Larsen & Toubro (L&T). The scope of work involves setting up telecommunication systems for Mauritius Metro Express & Dhaka Metro Mass Rapid Transit System Projects.

Overall volumes in futures & options currently stand at 1.50 crore contracts with a turnover of Rs. 9,58,378.42 crore.

Overall volumes in futures & options currently stand at 1.50 crore contracts with a turnover of Rs. 9,58,378.42 crore.

Going ahead, a follow-through move below the Friday’s session low of 10,739 would open up for further correction up to the level of 10,660, which is 50 per cent retracement level of the recent upmove. Stocks in news: HFCL, PVR, Inox Leisure, Petronet LNG, Lumax Auto Technologies, Gammon India, ENIL, Fortis Healthcare, InterGlobe Aviation, Power Grid and Unichem Laboratories.

Indian markets are likely to open in the green with modest gains. The SGX Nifty indicates Nifty may open around the level of 10,774, up by 0.13 per cent.