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Market Snippet
The markets finished flat amid a volatile trading session on the back of higher-than-expected consumer inflation and rise in the wholesale price index based inflation for the second straight month. US Fed and BOJ meets and the growing possibility that the UK might leave the European Union kept investors edgy throughout the session. Participants eagerly await the outcome of the US Fed’s two-day meet scheduled to begin later today. Nifty50 slipped 2 points to end at 8,109.

  • Global Markets Update:
    Risk aversion prevailed in markets, spurring slides in Asian and European stocks as the U.K.’s upcoming vote on European Union membership fueled anxiety ahead of central bank meetings in the U.S. and Japan.
  • Microsoft Corp. is acquiring the professional social network LinkedIn Corp. For $26.2 billion, one of the largest technology-industry deals on record.

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