Benchmark indices witnessed volatile moment on the third trading session of the week on account of Govt. of India demonetizing the 500 and 1000 currency notes however the market recovered as the US Precedential election result get cleared with Donald Trump winning the election over his rival Hillary Clinton. The nifty ended the session to close at 8478.75.
Pharma and Banking Stocks saw the major buying today while IT and Cement shares were the losers of the day.
Donald Trump’s victory in the U.S. election sent shockwaves through industries that rely on open trade, from airlines to cars and IT outsourcing, even though many executives remain unsure what his protectionist rhetoric will mean in practice.
European shares fell on Wednesday after Republican nominee and political outsider Donald Trump won the U.S. presidential election, bringing uncertainty that roiled global markets.
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