Benchmark indices traded lower on account of selling seen in metal IT stocks though the global cues remained bullish. The quarterly result are going to be the main next driving force for the market as the strong gains in the market has raised concern about the true valuation of stocks. Nifty again slipped below the 9900 mark to settle the day at 9886.85.Private banks and Realty stocks were the major gainer of the day while Metal and IT stocks were the losers of the day.
Global Markets Update
BlackBerry Ltd said on Thursday it has won the right to sell tools for encrypting phone calls and text messages to the U.S. federal government, garnering an endorsement from the National Security Agency for the products.
Japanese stocks rose on Thursday, with the main board’s market capitalization hitting nearly two-year highs as investors stayed upbeat after global stocks rallied.
(Click to submit your details) Just one step to get best trading tips and Recommendation.