Benchmark indices scaled to new life time high but witnessed profit booking in intraday trade session Better than expected monsoon forecast made the investor sentimnts more bullish as it will not only keep the infaltion in control but also lessen the chances of tight intrest sycenario. Nifty ended the day at 9439.85.
Media and Auto were the major gainers of the day while Private banks stocks were the losers for the day.
Global Markets Update
Canada’s biggest non-bank lender Home Capital Group Inc said on Thursday its high-interest savings deposits were expected to have fallen to about C$128 million ($93 million)following the completion of Wednesday’s settlements.
Asian shares were mostly higher on Thursday with investors noting Toyota shares up in Tokyo despite a downbeat earnings report.
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