Profitable Updates on Stock Tips

Market Snippet
Markets opened higher amid strong global cues and remained bullish through out the day. RBI’s forecast of lower inflation in economy in near future also boosted the sentiments. In its bi monthly policy review RBI’s MPC maintain the rates unchanged. Nifty surged 2% to close at 24808.90.
Market witnessed all around buying with banking stocks being the top gainers of the day.

Global Markets Update
European markets traded higher on the fourth trading session of the week as china US trade war tension eases and investor gripped back the equities.The major index is Europe Stoxx 600 increased upto 1.5%.
Chemicals maker Clariant said it is expecteing North America to become its second-largest market with sales of about $2 billion by 2021.

Nifty

Stock Snippets

PepsiCo India’s bottling partner Varun Beverages plans to set up a green field production facility for select beverages in Punjab.

L&T Construction’s power transmission and distribution business has secured orders worth Rs 1,226 crore in both domestic and international market.

Ashoka Buildcon today said it has bagged Rs 760 crore worth projects from DVVNL for electrification work in Uttar Pradesh. The company had submitted bids to Dakshinanchal Vidyut Vitaran Nigam Ltd (DVVNL) under the government’s Saubhagya Yojana.

Shares of Smartlink Network Systems surged 13.7% in the early trade on Thursday as company to consider buyback of its shares.

Shares of Smartlink Network Systems surged 13.7% in the early trade on Thursday as company to consider buyback of its shares.

Shares of Tata Motors have moved nearly 5% higher to Rs 372 per share as it plans to bring 10 new products in India in 2018-19.

Global Markets

Japan stocks were higher after the close on Thursday, as gains in the Construction, Rubber and Railway & Bus sectors led shares higher.At the close in Tokyo, the Nikkei 225 rose 1.53%.

Australia stocks were higher after the close on Thursday, as gains in the Financials, IT and A-REITs sectors led shares higher.At the close in Sydney, the S&P/ASX 200 rose 0.52%.

South Korea’s Kospi index climbed 0.77 percent in early trade. Financials, automakers and retailers advanced, while manufacturing and tech stocks traded mixed.

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