Stock Tips By Market Expert

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Market Snippet

Domestic Stocks provisionally ended with small losses in a quiet session of trade as losses in banking stocks were mostly offset by gains in IT stocks. A bout of volatility was witnessed in early trade as the Domestic bourses dipped in a negative zone after a positive start. However, stock cut losses in mid afternoon trade. Volatility rose in late trade as indices again sink in red.

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Global Markets Update

On Friday European shares at the end of the strong week as rally in commodity prices fall through, sparking profit-taking among mining stocks. Ericsson (ST:ERICb) gained 14% and was set biggest one-day gainer since October 2008 after the  Swedish mobile equipment maker reported first-quarter earnings and gross margin above market expectations.

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