The stock of UFO Moviez surged during the first half of Tuesday's trade as the company's non-promoters investors agreed to sell stakes in Qube Digital to UFO and ICICI Ventures at a lower price.

PNC Infratech’s wholly-owned subsidiary PNC Challakere (Karnataka) Highways Private Limited, has achieved financial closure by submitting duly executed financing documents to NHAI for the Hybrid Annuity Model (HAM) project.

Following stocks are close to their 52-week low as at 12.34 p.m. on December 12, 2018.

The markets on December 12, 2018 opened gap up. BSE Sensex is trading at 35,499.88, up by 349.87 points and the Nifty is trading at 10,656.30, up by 107.15 points. 

Overall volumes in futures & options currently stand at 2.09 crore contracts with a turnover of Rs. 12,19,439.02 crore.

Overall volumes in futures & options currently stand at 2.09 crore contracts with a turnover of Rs. 12,19,439.02 crore.

The government appointed Shaktikanta Das as the new governor of the Reserve Bank of India for three years, making him the 25^th RBI chief. The decision was made 24 hours after Urjit Patel’s unforeseen resignation. The swift decision is a mark of the government’s resolve to combat uncertainty.

Going ahead, the opening downside gap area created on  December 10 is likely to act as a stiff resistance. Stocks in news: Unichem Laboratories, Zydus Wellness, Dr Reddy’s Laboratories, PNC Infratech, Au Small Finance Bank and Reliance Industries.

The key Indian benchmark indices are expected to make a flat start to the session despite positive cues from Asian peers and mixed cues from the Wall Street. The SGX Nifty is currently at 10,597 level, down by 3 points.

After registering a 52-week high, the stock is consistently falling along with relatively low volume and making a series of lower lows. Currently, the stock has reached near its multiple support zone of Rs. 200-Rs. 190 and it is likely to give a bounce from the current levels in the coming weeks.