DSIJ Mindshare

The stocks most likely to witness significant movement on the bourses on December 27, 2018 are Shanthi Gears, Adani Ports, NTPC, Brigade Enterprises and Nagarjuna Fertilizers.

The Board of Directors of Shanthi Gears Limited (SGL) sanctioned the buyback of fully paid-up equity shares for an aggregate amount of Rs. 70,00,00,000. Moreover, they also declared a one-time special interim dividend of Rs. 5 per equity share for FY18-19.

Following stocks are close to their 52-week low as at 12.52 p.m. on December 26, 2018.

The markets on December 26, 2018 opened gap down. BSE Sensex is trading at 35,219.85, down by 250.30 points and the Nifty is trading at 10,596.55, down by 66.95 points. 

After touching a high of almost US$ 84 for a barrel in the September month, crude oil prices are now falling and presently is near US$ 50 a barrel. One of the reasons for this oil price plunge is excessive supply from US.