On the way up, the index may attempt to test the 100-day moving average placed at the level of 10,938, while on the downside, the gap area (10,815-10,845) which was formed on December 17 is likely to provide support to the index. Stocks in news: Tata Steel, Graphite India, Ashoka Buildcon, NMDC, Bombay Dyeing, Bank of Baroda and Glenmark Pharmaceuticals.

Indian benchmark indices are likely to open a tad lower following cautious mood in the Asian markets and sharp fall seen on Wall Street overnight. The SGX Nifty indicates Nifty could open around the level of 10,886, down by 27 points.   

The metal index gained 2 per cent on Monday as base metal prices increase in the global markets following the cautious optimism that the US and China will resolve their trade conflict soon.

The stocks most likely to witness significant movement on the bourses on December 18 are Godrej Industries, Kotak Mahindra Bank, IDBI Bank, Ashoka Buildcon and Lupin.

The AUM of equity funds has increased in the month of November despite a fall in the equity inflows. Read on to find more.

Integrated construction company Ahluwalia Contracts surged as much as 7 per cent to touch intra-day high of around Rs. 305 apiece, after the company informed the bourses that it has bagged order worth nearly Rs.425.42 crore.

Power Mech Projects, an engineering and construction company, received two orders in Tamil Nadu and Karnataka for different capacity of thermal power plants.

Following stocks are close to their 52-week low as at 12.35 p.m. on December 17, 2018.

The markets on December 17, 2018 opened gap up. BSE Sensex is trading at 36,202.70, up by 239.77 points and the Nifty is trading at 10,858.75, up by 53.30 points. 

Investors have to focus on asset allocation while dealing with retirement corpus. Generally, investors worry whether one must continue with the existing asset allocation or one must change it to suit the requirements at the time of retirement. Let’s find out.