Benchmark indices traded flat on account of weak global cues as European Central Bank is moving closer to unwinding its massive monetary stimulus which disturbed the domestic equities as well. However the markets ended flat with marginal losses and closed above the psychological level of 9650 @ 9668.
Pharma and Realty shares were the major gainer of the day while IT stocks were the major losers of the day.
Global Markets Update
Activist hedge fund Elliott Advisors has filed a second lawsuit in its attempt to oust the chairman of Dutch paints group Akzo Nobel over his rejection of a 26.3 billion-euro ($30 billion) takeover proposal from U.S. group PPG Industries.
Global stocks were mixed to lower Friday ahead of the U.S. nonfarm payrolls report. A slump in oil dampened sentiment as Wall Street closed lower overnight.
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