Stock Tips For Long Term Investment 09 October 2017

Market Snippet
Benchmark indices traded higher on the last trading session of the week as the supportive global cues helped the market to sustain higher. Domestic investor remained bullish before the GST council meeting in hope of some action on tax rates and smoothing the process of tax payment. Nifty ended the session to close at 10003.40.Metal and PSU Bank stocks were the major gainers of the day while Realty stocks were the major losers of the day.

Global Markets Update
French carmaker Renault expects a first-mover edge in electric cars and a wider vehicle line-up for emerging markets to help it deliver a 44 percent sales increase by 2022.
Shares in Catalonia-headquartered Caixabank¬† and Banco Sabadell¬† fell as much as 1.7 percent on Friday, slightly declining after the previous session’s strong rally on news they were looking to move their base out of the capital Barcelona.


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