Genuine Trading Tips for Stock Traders

Domestic market fell marginally amid negative global cues.Today trading session was getting volatile as traders rolled over positions in the F&O segment from the August 2018 series to September 2018 series. The August 2018 F&O contracts expired today .The market breadth indicates positive signals. The nifty 50 lost 15.10 points and settled the day at 11676.80. FMCG sector were the major gainer and Private Banking sector were the major losers of the day.

Global Markets
Nestle said it planned to eliminate up to 500 information technology jobs in Switzerland as it shifts work to an existing tech hub in Spain and other locations.Australia stocks were lower after the close on Thursday, as losses in the Gold, Consumer Staples and Financials sectors led shares lower.At the close in Sydney, the S&P/ASX 200 fell 0.05%.

Stock Snippets

Tata Consultancy Services has been recognised as a Leader in two IDC MarketScape reports for Worldwide Manufacturing Customer Experience, covering IT Strategic Consulting as well as Systems lntegration.
Tata Power Solar, subsidiary of Tata Power’s wholly owned subsidiary, has commissioned 820.8kWp at Cricket Club of India, Mumbai.
Zydus Cadila has received the final approval from the USFDA to market Gemfibrozil Tablets USP 600 mg (US RLD — LOPID®), and Aripiprazole Orally Disintegrating Tablets USP in strengths of 10 mg, 15 mg, 20 mg, and 30 mg (US RLD – ABILIFY DISCMELT® Orally Disintegrating Tablets).
Laurus Labs rose 1.62% to Rs 445.80 at 10:46 IST on BSE after the company received an approval from USFDA for Metformin Hydrochloride Tablets USP.
Reliance Infrastructure share prices surged 5.6% as the company share the information for the successful completion of the sale of its 100% shareholding in Integrated Mumbai Power Distribution Business to Adani Transmission.

Global Markets

Philippines stocks were higher after the close on Thursday, as gains in the Holding Firms, Banking & Financials and Mining & Oil sectors led shares higher.The PSEi Composite gained 0.28% to hit new 3-months high.
Japan stocks were higher after the close on Thursday, as gains in the Shipbuilding, Banking and Chemical, Petroleum & Plastic sectors led shares higher.The Nikkei 225 rose 0.09% to hit a new 1-month high.
Taiwan stocks were lower after the close on Thursday, as losses in the , Cement and Cement & Glass sectors led shares lower.The Taiwan Weighted fell 0.05%.

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