Benchmark indices traded higher after opening gaped up but remain in consolidation phase throughout the session and scored new life time high of 9942.95.Reliance Industries, crossed the Rs 5 lakh crore market capitalizations for the first time ever, while ITC, dropped over 4% on speculations of an expected hike in cess by GST Council. Nifty ended the session to settle at 9933.15.Realty and IT stocks were the major gainers of the day while FMCG stocks were the major losers of the day.
Global Markets Update
Volkswagen is considering options for majority-owned transmissions maker Renk as the German carmaker streamlines operations to help fund an overhaul following its emissions scandal.
European shares nudged higher though trading was characterized by thin volumes as a busy few weeks of earnings reports from top regional and U.S. firms gets underway.
(Click to submit your details) Just one step to get best trading tips and Recommendation.