Benchmark indices traded higher on the expiry day of March F&O series on account of short coveirng seen. Sentiments were also positive as govt is a step closer to implement nation wide goods and services tax (GST) from July. However the global sentiments were weak but the domestic market outperformed and settled successfully above the psychological mark of 9150 to close at 9175.80.
Realty and Banking stocks were the major gainers of the day while Metal and Pharma stocks were the losers for the day.
Global Markets Update
Toshiba Corp shareholders agreed to split off its prized NAND flash memory unit on Thursday, paving the way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges that threaten the conglomerate’s future.
Japan’s Nikkei share average dropped pressured by a pause in the weakening yen trend, while semiconductor equipment makers firmed on gains in the Nasdaq market overnight.
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