A divergent trend was witnessed as the domestic bourses, SENSEX provisonally settled a tad higher while the NIFTY 50 index logged small losses. Gains triggered by ITC, HDFC bank and Kotak Bank were offset by losses in ICICI Bank, HUL and SBI. Investors are awaiting the US Fed’s view on Interest rate, inflation and the economy.
Financial Services sector were the major gainers and Metal sector were the major losers.
Global Markets Update
European shares inched higher boosted by strong earnings updates and a rising tech sector after results from Apple exceeded weak expectations, while investors’ focus turned to euro zone GDP figures and the U.S. Fed meeting. Hermes EOS called on Volkswagen investors to vote against the election of supervisory board members at the annual shareholder meeting.
(Click to submit your details) Just one step to get best trading tips and Recommendation.