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Market Snippet

Benchmark indices traded higher on the third trading session of the week ahead of March F&O expiry on account of short covering. Market is very much expected to remain volatile in tomorrow’s trade session too. Auto stocks fell after Supreme Court today banned the sale of BS-III vehicles from April 1. Nifty Auto fell nearly 1% at intra-day after the decision, ending 0.6% down. Nifty ended the session to close at 9151.00. PSU banks and FMCG shares were the major gainers of the day while Pharma and Auto stocks were the losers for the day.

Global Markets Update

U.S. carmaker Ford that Britain must secure a Brexit deal which includes full tariff-free access to the entire customs union of European countries, not just the 27 other members of the European Union.

Shares in Asia rose taking a cue from Wall Street overnight and trending cautious ahead of more details expected as Britain moves to formally start its split with the European Union.


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