Asian Paints Limited reported good topline numbers for Q3FY19 despite high raw material prices in the December quarter. 

In recent times it has been seen that passively managed funds have performed really well. Index funds are no exception. So is it possible to create wealth with index funds? Let’s find out.

We are now in mid of FY19 third quarter’s earning seasons and around 14 companies from BSE 100 index have reported their third quarter’s result. On aggregate basis these 14 companies have managed to post stellar net sales performance by recording around 38 per cent growth from corresponding quarter of previous year.

India’s top, Asia's third-largest and one of the world's top decorative coating companies, Asian Paint will report its December quarter results today. Here is a sneak-peek to the stock's technical position.

After hitting recent low of US$50 for a barrel, Brent crude is heading northward as the US rig count last week indicated a slowdown in shale drilling.

Following stocks are close to their 52-week low as at 12.42 p.m. on January 22, 2019.

The markets on January 22, 2019 opened gap down. BSE Sensex is trading at 36,345.14, down by 233.82 points and the Nifty is trading at 10,884.40, down by 77.45 points. 

The stock has formed a contracting triangle kind of a pattern and the volumes and price movements are getting squeezed.

Indian search engine and listing company Just Dial's results were above market estimates with revenues up by 15.2 per cent at Rs. 226.8 crore and profit doubling to Rs. 57.3 crore.

Prabhat Dairy’ board of directors approved the sale of Sunfresh Agro Industries Private Limited, wholly-owned, step-down subsidiary to Tirumala Milk Products Private Limited for an overall consideration of around Rs. 1,700 crore.