Benchmark indices consolidated after opening lower and ended flat investors waited for minutes of a policy meet by the central bank to gauge the direction of interest rates in the months ahead. On the global front muted trend seen in Asian markets following a renewed slump in oil prices to seven-month lows, also impacted the sentiment. Nifty closed at 9657.60. Realty stocks were the major gainers of the day while Metal stocks were the major losers of the day.
Global Markets Update
Major U.S. corporations such as Wal-Mart Stores Inc and General Motors Co have become some of America’s biggest buyers of renewable energy, driving growth in an industry seen as key to helping the United States cut carbon emissions.
Weakness among financial and retail stocks sent European shares sliding again on Wednesday, as Provident Financial fell sharply after a profit warning.
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