Benchmark started the week’s opening on bullish note but witnessed profit booking in absence of any further trigger for the market to go into buying mode again. Consumer stocks are gaining on account of GST rates clearity on most of the products. Global markets cues also remained bullish for the day which helped market to end with marginal loss at 9445. FMCH & IT stocks were the major gainers of the day while Reality and Pharma stocks were the losers for the day.
Global Markets Update
Ford Motor Co is expected to announce the departure of Chief Executive Mark Fields in a broad management shake-up, a move that reflects growing investor unease over the company’s stock market performance and outlook.
European shares were subdued as investors awaited developments at a Euro group meeting on Greece later in the day, but Britain’s FTSE index re-approached last week’s record highs.
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