New Ideas of Equity Market

Market Snippet
Benchmark indices traded choppy with bullish biasness in absence of any major trigger post GST implementation. Sentiment was impacted as Asian markets were subdued as simmering tensions on the Korean peninsula supported safe-harbors. Nifty was successful in closing above the psychological mark of 9600 at 9645.30.The Realty, Metal and Media stocks were the major gainers of the day while FMCG and IT stocks were the major losers of the day.

Global Markets Update
Japan’s Nikkei share average bounced back from a three-week low hit early as demand in cyclical stocks offset fears from tensions following North Korea’s ballistic missile launch.
Worldpay Group Plc Britain’s largest payment processor is “close to” recommending a takeover offer from U.S. credit card technology firm Vantiv Inc (N:VNTV), Sky News reported citing sources.


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