Benchmark indices traded bullish ahead of July F&O series expiry due tomorrow on account of short covering and bullish global cues from Asian markets. The domestic sentiments also remained bullish ahead of corporate earning session .Although the high valuation kept the gained limited with nifty hitting the mark of 10000 and closing above it at 10030.10.Metal and Pharma stocks were the major gainer of the day while Media stocks were the losers of the day.
Global Markets Update
Hyundai Motor posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political headwinds hit sales in China and slow U.S. demand continues.
Asian stocks steadied on Wednesday and the dollar held firm as investors awaited the Federal Reserve’s policy decision later in the day for more clues on its tightening plans.
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