Equity Trading Tips For Higher Profit 07 August 2017

Market Snippet
Benchmark indices traded higher on the last trading session of the week breaking the previous two days losing streak as the buying in consumer durables metal and PSU banking stocks contributed to the major gains of market. However the global market cues remained bearish for the day. Nifty ended the session to close at 10108.50.The Metal and PSU banking stocks were the major gainers of the day while pharma stocks were the major losers of the day.

Global Markets Update
Toyota Motor Corp and Mazda Motor Corp plan to build a $1.6 billion U.S. assembly plant as part of an alliance that will also see the Japanese automakers jointly develop electric vehicle technologies.
European shares inched lower on Friday as investors focused on a raft of mixed company results with insurance firm Swiss Re hit after missing profit estimates.


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