The benchmark indices consolidated on the fourth trading session of the week, absence of any trigger resulted in flat trading session and investors focused on the central banking conference in Jackson Hole, Wyoming; where Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi were both due to speak. Nifty closed at 9880.Pharma stocks were the major gainers of the day while Realty stocks were the major losers of the day.
Global Markets Update
The supervisory board of Volkswagen’s premium carmaker Audi will meet on Monday to decide on a management reshuffle that will see four of its seven executives leave.
Asian stocks and the dollar edged up shaking off the risk aversion that gripped financial markets overnight after President Donald Trump threatened to shut down the U.S. government and end the North American Free Trade Agreement.
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