Benchmark indices traded volatile as the 2 days GST council meeting ended and most of the services would be taxed at the rate of 18% under the GST regime. The next meeting of the GST Council will take place on June 3. Global markets cues were also bullish after the yesterday’s sell off. Nifty ended the last trading session of the week at 9456.05.FMCG and PSU banks stocks were the major gainers of the day while Media and IT stocks were the losers for the day.
Global Markets Update
Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million recalled vehicles with potentially defective Takata airbag inflators, court documents filed on Thursday showed.
Global stocks mostly steady to higher as Wall St rebounds overnight. Eyes remain on developments in political crises in the U.S. and Brazil as Trump heads overseas.
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