Benchmark indices traded bullish and scaled to new life time and on account of buying seen in FMCG stocks in the preview og GST bill. However the global cues remained flat ad concerns over Italy’s banks and Britain’s national election campaign dominated holiday thinned European financial markets on Monday. Nifty ended the session to close at 9605.FMCG and Auto shares were the major gainers of the day while Realty and Pharma stocks were the major losers for the day.
Global Markets Update
Concerns over Italy’s banks and Britain’s national election campaign dominated holiday-thinned European financial markets on Monday, prodding stock markets lower after Asian share indices fell back off 2-year highs.
Asian shares were mixed on Monday with Tokyo and Seoul posting some early gains despite another provocative missile test by North Korea.
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