Following stocks are close to their 52-week low as at 2.04 p.m. on December 20, 2018.

Om Metals Infraprojects bagged an order of Rs. 615.16 crore from the Water Resources Department, Government of Rajasthan. The contract is awarded on EPC basis and is inclusive of operations and maintenance for 5 years.

The markets on December 20, 2018 opened gap down. BSE Sensex is trading at 36,370.70, down by 113.63 points and the Nifty is trading at 10,932.75, down by 34.55 points. 

Indian youth are moving towards mutual funds as their preferred investment avenue. We have received a query on starting a MF investment from one such young investor. Let’s find out what he has to say.

The US Federal Reserve raised interest rates by 25 basis points on Wednesday. The Indian equity market reacted to this hike and was down more than 200 points in the morning session on Thursday.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 8,34,692.34 crore.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 8,34,692.34 crore.

The index had surged over 600 points from the lows witnessed on December 11 and the present structure on the chart looks slightly overstretched, and hence, we may see some consolidation. In case of consolidation, the zone of 10,870-10,880 is likely to act as a support level.  Stocks in news: Orient Electric, Alembic Pharmaceuticals, Endurance Technologies, Om Metals Infraprojects, TCS, Pfizer, KPIT Technologies, Cosmo Films and Canara Bank.

Indian markets are likely to witness a gap-down opening as the cues from global markets are depressing. The SGX Nifty indicates Nifty could open around the level of 10,895 with loss of 0.82 per cent.   

KEC International has won orders across multiple business arms accumulating to Rs. 1,491 crore.