Helpful Equity Trading Tips 31 July 2017

Market Snippet
Benchmark indices traded flat as nifty remained in consolidation mode for most of the part of trading session. Market will now take new trigger and direction from RBI monetary policy review due on Tuesday. Global market sentiments also remained subdued as the fall in Asian equity and Wall Street put the pressure on market. Nifty ended the session to close at 10039. The IT stocks were the major gainer of the day while Pharma and Metal stocks were the losers of the day.

Global Markets Update
Earnings miss by Amazon that hit U.S. technology stocks overnight rippled through into other markets on Friday, with Asian stocks retreating from recent highs and European tech shares opening sharply lower.
Asian shares mostly fell on Friday and as investors looked ahead to more corporate earnings due during the session and were cautious on the dollar.

Nifty

 

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