Benchmark indices treaded lower as investors turned cautious ahead of F&O expiry due tomorrow.Investors also awaits the minutes of US Federal Reserve’s May policy meeting due later in the day.Global cues too remained weak as Moody downgraded the sovergian credit rating of China. Nifty ended the session to close at 9374.65.Private Banks & Auto stocks were the major gainers of the day while PSU Banks and Metal stocks were the losers for the day.
Global Markets Update
General Electric signed a one billion riyal ($267 million) joint venture agreement on Wednesday with Saudi Arabia’s state-backed Dussur industrial development company to manufacture gas turbines in the eastern city of Dammam.
European shares, stuck just below 21-month highs for more than a week, struggled to gain momentum with strength in oil producers was offset by weakness in mining and autos stocks.
(Click to submit your details)Just one step to get best trading tips and Recommendation.