Benchmark indices consolidated on charts to end flat on the second trading session of the week amid strong global cues. Nifty remained range bound ahead of Fitment comitee meeting on GST rates. The 2 days meeting of FOMC may keep the market flat in coming trade session too. Nifty 50 ended the session to close at 10371.80. Realty shares were the major gainers of the day while PSU Banks were the major losers of the day.
Global Markets Update
Nissan Motor Company’s Japan passenger vehicles sales probably fell by half in October from a year ago after the discovery of improper final inspection procedures at its domestic plants caused it to suspend some production.
European stocks held at five-month highs on Tuesday, supported by a jump in the shares of oil firm BP which announced buoyant earnings and a share buyback program.
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