Benchmark indices traded lower for the fourth straight session amid weak global cues as the increasing tension between United States and North Korea kept the major world indices lower along with domestic equities market. In intraday session nifty fell as much as 131 points, over 1%, witnessing its biggest intraday fall in 8 months. Nifty ended the session to close at 9854.75. The IT stocks were the major gainer of the day while Realty and Media stocks were the losers of the day.
Global Markets Update
Cooperation talks between Germany’s Volkswagen Group and India’s Tata Motors about joint development of a cheap car for emerging markets, have been ended amicably, a Volkswagen Group source said on Thursday.
Japanese stocks finished slightly lower after a choppy session on Thursday, as investors kept a wary watch on tension over North Korea ahead of Japan’s long weekend.
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