Public sector banking major, Canara Bank has backtracked on its plans to sell off stakes in Canara Robeco Asset Management Company. The bank had announced a monetization drive in November this year, wherein it had put its AMC, registrar and transfer agent businesses on the block.

We are at the doorstep of 2018 and that the trading the month of January 2018 would kick off with the auto sales data. The last trading day of 2017 witnessed a sharp upsurge in the Nifty Auto index may be ahead of good auto sales numbers to be released by Auto majors in the next week. 

We are at the doorstep of 2018 and that the month of January 2018 would kick off with the auto sales data. The last trading day of 2017 witnessed a sharp upsurge in the Nifty Auto index.

Axis Bank, the third largest private bank, is looking out for buyers to take controlling stake in GMR Chhattisgarh. Listed entity, GMR Infrastructure holds 47.6 per cent share in GMR Chhattisgarh Energy.

Nifty PSU index has been highly volatile throughout the year 2017. Recently the index was struggling at the trendline level in an indecisive manner.

For the so far neglected sector, realty, 2017 as a highly momentous year in terms of the index movement since 2012. Nifty Realty index survived all odds and surged as much as 110 per cent in 2017.

Following stocks are close to their 52-week low as at 12.29 p.m. on December 29.

The markets on December 29 opened gap up. BSE Sensex is trading at 34,006.80, up by 158.77 points and the Nifty is trading at 10,517.40, up by 39.50 points.

Tata Global Beverage (TGB) breached its 52-week high in the early trade on Friday as the company announced the sale of stake in its associate company.

Overall volumes in futures & options currently stand at 1.55 crore contracts with a turnover of Rs. 13,50,886.08 crore.

Overall volumes in futures & options currently stand at 1.55 crore contracts with a turnover of Rs. 13,50,886.08 crore.

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.

In today’s trading session, we are likely to witness a roller-coaster ride on the eve of F&O expiry of December series. As far as support is concerned for the Nifty, immediate support is seen around the level of 10,450, and a sustainable move below this support level may drag the index lower up to the level of 10,410. On the upside, the zone of 10,540-10,550 is likely to act as a strong barrier. 

The success of Adani Group Chairman is not hidden from anyone and certainly, it is one of those stories that need to be written in golden words in the history of India. Now comes the most important question, what about the shareholders of Adani Enterprises? What would be their wealth if they continue to hold the stock of Adani Enterprises?  

Why are we saying so? Because we have prepared a list of companies that are likely to consider the issue of bonus shares