It is largely accepted that there is a negative correlation between portfolio turnover and its returns. Read on to find more about the interplay between the two.

BASF India had initiated a transfer of its pigments business to BASF Colors & Effects India Private Limited, which is a 100 per cent subsidiary of BASF Colors & Effects GmbH, Germany. The company reported a closure of transfer proceeding on Monday.

The stock of HCC was buzzing on Monday after the company reported that its rights issue was oversubscribed. The company raised Rs. 497.58 crore last week.

Government’s move is likely to be a matter of concern for FMCG players like Marico which use copra as their main raw material product. In FY18, out of total raw material used 53 per cent was copra and Kardi seed for Marico.

Many people fear volatility but some of them consider volatility as another opportunity to act upon. So how does volatility matter while investment in mutual funds? Let’s find out.

Following stocks are close to their 52-week low as at 1.48 p.m. on December 31, 2018.

BHEL has bagged order for setting up 660 MW supercritical thermal power plant in West Bengal amounting to Rs. 3,500 crore, informed the company to the bourses on Monday.

The markets on December 31, 2018 opened up. BSE Sensex is trading at 36,090.84, up by 14.12 points and the Nifty is trading at 10,866.55, up by 6.65 points. 

Larsen & Toubro, an Indian multinational technology company, informed the exchanges that the company has won EPC orders worth Rs. 2,084 crore. The company’s power transmission and distribution business won this order for construction of substations of different capacities in Saudi Arabia, Malaysia and in Indian states of Tamil Nadu and Rajasthan.