Indian shares look set to open lower on Friday following weak cues from the Asian peers. The SGX Nifty is currently at the 10,776 level, down by 50 points. Going ahead, the market participants will keep a close watch on WPI data for November, which will be released today along with the data on balance of trade in November.  The central board of the Reserve Bank of India (RBI) will meet today under the new Governor Shaktikanta Das and, as per the reports, the meeting is likely to review the progress made on some of the decisions taken in the last meeting.   

The stocks most likely to witness significant movement on the bourses on December 14 are Jain Irrigation Systems, Yes Bank, Lupin, Indian Oil Corp and SSWL.

Jain Irrigation Systems, India’s largest micro-irrigation company, bagged orders worth Rs. 584 crore from the Karnataka Neeravari Nigam Limited, a division of Water Resources Department of Karnataka, through National Competitive Bidding. The order pertains to an Integrated Micro Irrigation Project in Karnataka. 

The private bank's board has finalised candidates for various vacant positions on its board include a replacement for the outgoing MD and CEO Rana Kapoor, said the bank in a filing to the bourses on Thursday. 

Steel Strips Wheels Limited (SSWL), the wheel rim manufacturing company, informed the bourses that it has won a large repeat exports order for truck and trailer from the US market.

Mumbai based Fintech start-up, 5paisa Capital Limited strengthened its position in the discount broking segment as its active client base increased by 486 per cent YoY. The company now has an active client base of 83,328 against 14,217 a year ago.

The EU General Court thrashed the company's appeal against the European Commission’s decision to impose a penalty on Unichem in the perindopril patent case. The company is reviewing the judgement and might appeal before the European Court of Justice.

Market participants had expected SEBI to allow mutual funds to practice side-pocketing and it is now official granted. Read on to know more.

Following stocks are close to their 52-week low as at 12.34 p.m. on December 13, 2018.

The markets on December 13, 2018 opened gap up. BSE Sensex is trading at 35,949.89, up by 170.82 points and the Nifty is trading at 10,793.40, up by 55.80 points.