Equity Market Trends & News

Market Snippet:
Benchmark indices traded lower on the last trading session of the week on account of profit booking and weak global cues. Nifty traded lower throughout the session and witnessed major selling pressure in the later half of trading session Nifty ended the session to close 8831.55 i.e. 36 points down.

Reliance, Dr reddy, TCS and Hcltech were the top gainers of the day while Axis Bank, ACC, Ambuja Cement were the top losers of the day.

Global Markets Update:

  • Japan’s Fuji Heavy Industries is recalling about 935,000 units of its popular Subaru Legacy worldwide to fix an issue with their front windshield wipers, the company said on Friday.
  • Asian shares held near 14-month highs on Friday as investors restored bets the Federal Reserve is settling into a phase of very gradual interest rate rises, while Japanese bond yields fell after the Bank of Japan’s radical new policy scheme.

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