Benchmark indices hits a fresh record high after the Federal Reserve raised interest rates in US by 25 basis points but sounded less hawkish than expected on future interest rate tightening and ahead of the outcome of GST Council meet later today. After a day of consolidation Nifty ended the day on a strong note as closed above 9100-mark for the first time ever, signaling the bullish trend on the Street. For now, if able to sustain above 9170 mark buying may be continue while on lower side 9130 will act as an immediate support.
Global Markets Update
As Britain prepares to leave the European Union, the country hoping to win the most jobs from London’s financial center is not Germany or France, but Poland.
European shares hit their highest level in 15 months on Thursday, with basic resource and banking stocks rising after the U.S. Fed raised rates and Dutch centre-right Prime Minister Mark Rutte won elections in the Netherlands.
(Click to submit your details) Just one step to get best trading tips and Recommendation.