Experts Suggestion on Equity Market

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Market Snippet:

Benchmark indices traded bullish on the very first trading session of the week breaking the last week losing streak and ended higher on account of buying interest seen in index heavyweights. The firm global cues also helped the market to sustain higher. Nifty may observe volatility in coming session as the US Precedential election is underway The Nifty ended the session to close at 8508.80. Pharma and Banking share were the gainers of the day while Auto, capital good and FMCG shares were the losers of the day.

niftyGlobal Markets Update:

As auto supplier Takata Corp prepares for a possible U.S. bankruptcy filing, potential bidders are poring over a recent U.S. court ruling that could expose a buyer to liability for the company’s defective air bags. Asian stocks bounced and the dollar strengthened after the FBI said it stood by its earlier recommendation that no criminal charges were warranted against Democrat Hillary Clinton.

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Global Markets Update:

As auto supplier Takata Corp prepares for a possible U.S. bankruptcy filing, potential bidders are poring over a recent U.S. court ruling that could expose a buyer to liability for the company’s defective air bags.

Asian stocks bounced and the dollar strengthened after the FBI said it stood by its earlier recommendation that no criminal charges were warranted against Democrat Hillary Clinton.

Global Markets:

European shares rallied on Monday, underpinned by stronger banking stocks, as news that Hillary Clinton would not face charges over her use of emails gave her bid for the White House fresh momentum just before the Nov. 8 vote.

Japan’s Nikkei share average rose buoyed by a recovery in global risk appetite after news that U.S. Democratic presidential candidate Hillary Clinton will not face charges from the latest probe into her use of a private email server.

Australia stocks were higher after the close on Monday, as gains in the Healthcare, Energy and Financials sectors led shares higher.

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