Benchmark indices traded higher to new life time high for the second continuous trade session but pared most of the intraday gains to end flat. Sentiment was also lifted as investors expect inflation for the month of June to be at record low which could lead to a rate cut in the next monetary policy review Global markets sentiments remained bullish for the day. Nifty settled at 9787.25. IT stocks were the major gainers of the day while Realty and PSU Banks were the losers of the day.
Global Markets Update
French bank Societe Generale has filed its Brexit contingency plans with the Bank of England ahead of a July 14 deadline for banks operating in the country.
Asian shares and the dollar cautiously edged higher on Tuesday, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten US monetary policy
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