Benchmark indices traded cautious ahead of RBI’s MPC interest rate decision due tomorrow as investor holds their fresh long positions. Sentiment was also subdued after Asian shares fell amid a slew of risk factors, including escalating tensions in the Middle East, the coming testimony of the former FBI director, British elections and a European Central Bank meeting. Nifty ended the session at 9666.15. IT stocks were the major gainers of the day while Realty stocks were the losers for the day.
Global Markets Update
World stocks fell while safe-haven gold and German government bonds were in demand on Tuesday as tension in the Middle East, an election in Britain and upcoming testimony from the former head of the FBI pushed investors away from risky assets.
Asian shares were mostly weaker in cautious trade ahead of key events later in week with Britain heading to polls on Thursday and former FBI chief James Comey set to testify to Congress.
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