Domestic bourses logged small losses in volatile session of trade. Domestic stocks began the day with negative note and the negative sentiment continues after the RBI banned LOUs for overseas banks.Though in last hour of trade, it recovered sharply from day’s low. Nifty ended at 10425.35.
PSU Banks were the major gainers of the day while Metal sector were the major losers of the day.
Global Markets Update
Volkswagen’s core autos division said costs for its electric-car program, technology and a new emissions testing procedure will stand in the way of major profitability gains this year and in future.
European stocks managed a slight gain on Wednesday thanks to strong results from Adidas and robust mining stocks. The pan European STOXX 600 gained 0.2%, pushed higher by consumer staples and basic materials.
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