Benchmark indices traded higher on the fourth trading session of the week loosing the three days losing streak on account of buying seen in energy, financial and auto shares. The global markets sentiments were also supportive as the Asian indices ended higher on account of yesterday’s gains in US equity markets. Nifty ended the session to close above the mark of 9100 at 9104.00.
Energy and auto shares were the major gainers of the day while FMCG shares were the losers of the day.
Global Markets Update
The Trump Trade could start looking more like a Trump Tantrum if the new U.S. administration’s healthcare bill stalls in Congress, prompting worries on Wall Street about tax cuts and other measures aimed at promoting economic growth.
The Nikkei share average edged up crawling back from a 1-1/2-month low, as support from a weaker yen helped offset a political scandal centered on the wife of Japan’s prime minister
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