Online Stock Trading Tips For Beginners 30th SEP.

The market ended with modest losses on Friday, tracking weakness in other Asian indices. Selling was broad based with pharmaceutical and metal stocks under pressure. The Nifty opened higher and hit an intraday high of 11,593 level in morning trade. It bounced back once again in the afternoon trade, but the gain proved to be short lived. The index once again reversed its trend and hit fresh intraday low in mid-afternoon trade. The index managed to hold 11,500 mark and end above that level.

Global Markets

Japan’s SoftBank Group Corp is seeking the help of its chief operating officer, Marcelo Claure, to turn around We Work. U.S. Stocks were lower after the close on Friday, as losses in the Technology, Industrials and Healthcare sectors led shares lower. The Dow Jones Industrial Average lost 0.26%, while the S&P 500 index declined 0.53%, and the NASDAQ Composite index fell 1.13%.

Stock Snippets

Maruti Suzuki India Limited has reduced the Ex-Showroom price of its model i.e. Baleno RS by Rs1 lakh.

Shares of Unitech slipped to a 52-week low of Rs0.61 on Friday after the company got a show-cause notice by the Noida authority.

NTPC Ltd. informed the exchanges that Unit#1 (800MW) of Lara Super Thermal Power Station (2 x 800MW) will be declared on commercial operation w.e.f 00:00 hours of 30th Sep, 2019.

Strides Pharma Science Limited (Strides) announced that its step‐down wholly-owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, has received approval for Solifenacin Succinate Tablets, 5 mg and 10 mg from the United States Food & Drug Administration (USFDA).

Yes Bank touched a 52-week low of Rs 48.50, falling 5 percent intraday, on September 27 after Yes Capital Private Limited (YCPL), one of promoters of the company, sold stake.

Global Markets

Germany stocks were higher after the close on Friday, as gains in the Consumer & Cyclical, Chemicals and Basic Resources sectors led shares higher. The DAX gained 0.75%, while the MDAX index gained 0.52%, and the TecDAX index climbed 0.25%.

Denmark stocks were lower after the close on Friday, as losses in the Real Estate, Healthcare and Financials sectors led shares lower. The OMX Copenhagen 20 lost 0.39%.

France stocks were higher after the close on Friday, as gains in the Foods & Drugs, Gas & Water and General Financial sectors led shares higher. The CAC 40 rose 0.36%, while the SBF 120 index climbed 0.39%.

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