News For Equity Market

Market Snippet

Benchmark indices traded tramendeously strong on the very first trading session of the last week of this F&O expiry and ended the trade at 52 week closing highs,with the nifty-50 closing at 8635.65 i.e. 94.45 points higher.Sentiments were boosted by G-20 Finance Ministers meeting to support global growth amid growing uncertanity after the Brexit Referendum.Market also cheeresed the hopes of GST bill passage in this Monson Session of the Parliament.BHEL, Bank of Barodha, Maruti were the top gainers while Dr Reddy, Grasim Industries and Bajaj Auto were among the top losers.

Global Markets Update:

  • Swedish mobile telecoms gear maker Ericsson ousted Hans Vestberg as chief executive on Monday, a move led by major shareholders after months of criticism of Vestberg’s leadership and pay.
  • European stocks rose on Monday, with low-cost airline Ryanair climbs after it issued a bullish outlook while shares in William Hill surged on bid interest from its rivals.


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