Indian markets are expected to open flat on Tuesday, tracking mixed trend seen in other Asian markets. The trend on SGX Nifty indicates a flat opening for Nifty with a loss of 2.50 points at 10,802.50. The Central Statistical Organisation (CSO) has pegged the full year GDP growth estimate for India at 7.2 per cent for the fiscal. The real growth rate of 7.2 per cent for the FY2018-19 will be higher than the 6.7 per cent reported in FY2017-18.  

The year 2018 has not stopped some of the mutual funds from increasing their AUM. However, some of them have also lost their AUM. So let’s find out who shined and who lost.

The stocks most likely to witness significant movement on the bourses on January 8, 2019 are Syndicate Bank, Reliance Communications, Mahindra & Mahindra, Jet Airways and Bandhan Bank.

Axis Bank spiked up on Monday after Essar group announced that it has repaid all its dues to Indian banks including ICICI Bank and Axis Bank.

The stock of Titan was quoting as much as 4 per cent after it announced its Q3FY19 business update, during Monday’s trading session. The third quarter is a seasonally strong quarter for the company, thus leading to good growth momentum across all its businesses. 

The third quarter result season of IT services companies will start soon. We expect better growth in revenue and earnings in a seasonally weak quarter.

Your cash flows are the roots of your financial well-being. Stronger the roots stronger is your financial health. So how can you build wealth by controlling your expenses? Let’s find out.

Following stocks are close to their 52-week low as at 12.48 p.m. on January 7, 2019.

The markets on January 07, 2019 opened gap up. BSE Sensex is trading at 35,946.88, up by 251.78 points and the Nifty is trading at 10,800.05, up by 72.70 points.

The stock of Bandhan Bank was experiencing selling pressure on Monday following the buzz that the bank is likely to acquire mortgage lender Gruh Finance through a share swap deal.