Indian Equity Tips & Update News

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Market Snippet
Benchmark indices traded marginally lower on the last trading session of the week on account of profit booking. However index heavy weight Reliance industries rallied 4% backed by strong quarterly result. Global sentiments remained mixed. Quarterly result session is being good till date and may keep the market upbeat in coming trading session. Nifty ended the session to close at 9910.55. IT stocks were the major gainers of the day while Pharma stocks were the major losers of the day.

Global Markets Update
Luxury car maker Audi has launched a recall for up to 850,000 diesel-fueled cars to update vehicle software controlling emissions in a bid to avoid potential driving bans.
European shares were flat on Friday, with corporate earnings not doing enough to lift the somber mood of the previous session when a stronger euro weighed heavily on exporters.

Nifty

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