Online Stock Market Tips |Stock Tips 4Th Nov.

Key equity benchmarks ended with tepid gains on Friday. Gains were capped as weak domestic economic data spoiled sentiment. Domestic shares have seen steady gains in the last few sessions supported by better-than-expected Q2 results. The Nifty edged higher in early trade but soon witnessed profit booking at higher level. Selling pressure in morning trade dragged the index lower as it hit the day’s low of 11,843.55. The 50-unit recovered from lows in early afternoon trade The Nifty finally managed to end a tad below 11,900-mark.   

Global Markets

Ascendas Real Estate Investment Trust is buying 30 business parks in the United States and Singapore for about S$1.66 billion ($1.22 billion) from its controlling unit holder CapitaLand Ltd. European markets move higher after strong China data. The pan-European Stoxx 600 was up around 0.4% during early morning deals, with almost all sectors and major bourses in positive territory.  

Stock Snippets

Lupin received approval for its ANDA for Levothyroxine Sodium Tablets USP from the United States Food and Drug Administration.

HCL Technologies launches a dedicated Google Cloud Business Unit to accelerate enterprise cloud adoption

DLF makes payment of interest for NCDs worth Rs 345 crore

Shares of IndusInd Bank gained more than 5 percent intraday on November 1 on the back of finalisation of potential candidate as Managing Director and Chief Executive Officer.

Dilip Buildcon declared L-1 bidder for the project worth Rs 570 crore by the Airport Authority of India

Shares of Vodafone Idea added nearly 23 percent on November 1 after company denied report of exiting India business.

Tata Power Renewable Energy Limited (TPREL), the Tata Power’s wholly owned subsidiary, has received a Letter of Award from Tata Power – Distribution to develop 150 MW of solar project.

Global Markets

Japan stocks were lower after the close on Friday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. The Nikkei 225 fell 0.33%.

China’s Shanghai Composite and the Shenzhen Component climbed 0.8% and 0.9% respectively.

Australia stocks were higher after the close on Friday, as gains in the Gold, Healthcare and Energy sectors led shares higher. The S&P/ASX 200 gained 0.09%.

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