Going forward, the level of 10,450 is an immediate support for the Nifty and decisive breach of this support zone would open gates for correction up to the level of 10,400. On the upside, the levels of 10,535 and 10,552 are likely to act as stiff barriers for the Nifty.  

Today, the start of the last trading session of the calendar year, is likely to be mildly in the red. The SGX Nifty suggests that the Nifty could open at 10,506 with a loss of 3 points at the opening bell. The calendar year 2017 has been a historical one for our markets as the Nifty index has registered gains of about 28% and touched the magical mark of 10,500, while the BSE Sensex has surged about 27% and touched the landmark of 34,000.  

Despite all the promotional activities done by industry body articulating the benefits of Systematic Investment Plan (SIP), lumpsum investment steal the show.

Following stocks are close to their 52-week low as at 12.35 p.m. on December 28.

The markets on December 28 opened gap up. BSE Sensex is trading at 33,903.98, down by 7.83 points and the Nifty is trading at 10,492.75, up by 2 points.

Financial Sector Assessment Program (FSAP), a joint report by World Bank and International Monetary Fund (IMF) on the financial sector, has underlined the risks faced by mutual funds due to increasing exposure in bonds issued by Non-Banking Financial Corporations(NBFCs).

Axis Bank, India's third largest private bank, was directed by SEBI to investigate the leakage of unpublished price sensitive information of listed companies including the bank through the popular messaging platform, WhatsApp.

Overall volumes in futures & options currently stand at 1.07 crore contracts with a turnover of Rs. 9,10,323.17 crore.

Overall volumes in futures & options currently stand at 1.07 crore contracts with a turnover of Rs. 9,10,323.17 crore.