Our Market Special Online Stock Trading News 05 May

Market Snippet
Markets extended the gains on last trading session of the week too on account of positive global sentiments as upbeat data on US manufacturing and employment and buoyant European factory growth boosted investor optimism, while back home hopes of good southwest monsoon rains also lifted sentiment. Nifty ended the session at record high to close at 9652.60. Pharma and Realty stocks were the major gainers of the day while Metal stocks were the losers of the day.

Global Markets Update
Goldman Sachs has applied to Saudi Arabia’s capital markets regulator for a license to trade equities in the kingdom, two sources familiar with the move said, in the latest step by Western banks to expand operations in the country.
Global stocks hit a record high on U.S. manufacturing and employment and buoyant European factory growth boosted investor optimism.

Nifty

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