The market is trading strong. Sensex and Nifty are both in the positive. Sensex is at 20312, up 21 points and Nifty is at 6123, up 25 points from the previous close. The market breadth is positive with advances at 820 against declines of 384 on the NSE.

Adlabs is a good stock to have in the portfolio with long term prospects and a stop loss of Rs 1200, says Deepak Mohoni, technical analyst, on CNBC TV18. The stock is currently trading at Rs 1265, up 3.9% on the BSE.

Eton Park deal values Reliance AMC at Rs 10,000 crore and the deal is around 13% of AUM, reports CNBC TV18. Eton Park to invest 5% in Reliance AMC for Rs 501 crore and the deal is likely to be completed by January 08