DSIJ Mindshare

The level of 10,770-10,780 is likely to act as a strong barrier for the index as the 200-day simple moving average is placed in this region. A sustainable move above these levels would lead to an extension of the rally up to the levels of 10830-10840. Stocks in News: Sun Pharma, Tata Global Beverages Ltd, NTPC Ltd, Shanti Gear, Vardhman Poly, Alphageo.

The markets are all set to witness a jubilant start on Thursday as cues from the Asian markets are positive after Wall Street posted its largest single-day gain in history. The SGX Nifty Index Future was trading higher by 38 points at 10,800.

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.