The benchmark indices slumped at the pre-close trade as the firing of a missile over Japan by North Korea rattled investors, while the expiry of local derivatives contracts this week also hit the domestic sentiment. Nifty tanked over 1% to close at 9792.40.
The IT stocks were the major gainers of the day while Pharma and PSU banks were the major losers of the day.
Global Markets Update
Comcast Corp may be best known as a cable company, but it is banking on remote-controlled door locks and cameras as well as other “smart-home” offerings to accelerate its growing home security business.
Japan’s Nikkei share average touched its lowest intraday level in almost four months as a missile fired by North Korea over Japan put investors on edge and increased the yen’s safe-haven appeal.
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