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Market Snippet
Benchmark indices traded higher on account of buying seen in banking stocks after the govt said it will soon offer a solution to the growing nonperforming assets crisis in next few days. The global cues were also mixed today for the domestic market European markets opened lower amid uncertainty over a delayed vote on US President Donald Trump’s health-care bill, Asian markets closed higher. Nifty ended the day to close at 9118.30. Banking stocks were the major gainers of the day while IT stocks were the losers for the day.

Global Markets Update
Credit Suisse Chief Executive Tidjane Thiam’s pay for his first full year in the job swelled to 11.9 million Swiss francs the 2016 annual report of Switzerland’s second-biggest bank showed.
Asian shares were mostly higher on Friday inc cautious trade as investors eyed U.S. political developments on a healthcare bill that is seen as a litmus test of President Donald Trump’s ability to get ambitious tax and spending plans passed as well.

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