Markets remained volatile throughout the day but ends on a neutral note as investors remained cautious ahead of the RBI monetary policy meeting and mid-term review of foreign trade policy due on Tuesday. Nifty snaps four days of losing streak and pared most of their intraday gains to settle flat led by IT major Infosys shares rises 4 percent on appointment of Salil Parekh as CEO. For now 10120-10100 will act as a crucial support while on higher side 10200 seen as immediate resistance.
Global Markets Update
Facebook opened its new London office on Monday and said it would add another 800 jobs in the capital next year, underlining its commitment to Britain as the country prepares for Brexit.
Japan’s Nikkei share average fell with weakness in large-cap stocks such as Fanuc and SoftBank taking a toll, while tech shares also lost ground, offsetting gains in retail stocks which rose on strong monthly sales.
(Click to submit your details) Just one step to get best trading tips and Recommendation.