Best Stock Tips For Beginners 25th March

Key benchmark indices ended lower as investors booked profits after recent gains.Shares opened slightly higher and extended gains in morning trade.Indices trimmed losses after hitting fresh intraday low in early afternoon trade. Shares succumbed to fresh selling pressure in mid-afternoon trade, tracking negative cues from European markets.The Nifty 50 lost 64.15 points and settled at 11456.90. Realty sector were major gainer and PSU Banks were major loser of the day.         

Global Markets

European stock markets rose on Friday, relieved at the European Union’s agreement on a two-week reprieve that precludes Britain crashing out of the bloc without a deal next week. European STOXX 600 index rose 0.3%. Australian department store Myer will stop selling Apple Inc products due to the sales being unprofitable. The decision will apply to Myer’s department stores and online sales.

Stock Snippets

Bosch India executes a Joint venture agreement with Prettl India with a total investment of Rs20cr.

Infosys signs 3-year technology partnership with Roland Garros, besides, the company will consider March quarter results and final dividend on April 12.

Dr Reddy’s Laboratories gets USFDA’s approval for its ANDA Pregabalin.

Alembic Pharmaceuticals Limited announced that the company has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Azelastine Hydrochloride Ophthalmic Solution, 0.05%.

Zydus Cadila has received the final approval from the USFDA to market Lurasidone Hydrochloride Tablets USP (US RLD-Latuda Tablets.

Caplin Point Laboratories Caplin Steriles, a wholly owned subsidiary of Caplin Point Laboratories has been granted final approval by the United States Food and Drug Administration (USFDA) for its  Glycopyrrolate injection USP.

Global Markets

Japan stocks were higher after the close on Friday, as gains in the Chemical, Petroleum & Plastic, Machinery and Electrical/ Machinery sectors led shares higher. The Nikkei 225 gained 0.09%.

China’s Shanghai Composite, the blue-chip CSI 300 and Hong Kong’s Hang Seng dropped between 0.1 and 0.4 percent each.

Australia stocks were higher after the close on Friday, as gains in the Healthcare, Energy and Consumer Discretionary sectors led shares higher. The S&P/ASX 200 added 0.45%.

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