Benchmark indices traded higher supported by Oil and Energy company’s shares which rose on the back of higher crude prices. Gains were however capped as investors remained on edge ahead of the June CPI data. Nifty crossed the 9800 mark on closing basis and settled the day at new closing high at 9822.35.
The PSU banking stocks were the major gainers of the day while IT stocks were the major losers of the day.
Global Markets Update
French bank Societe Generale has filed its Brexit contingency plans with the Bank of England ahead of a July 14 deadline for banks operating in the country.
Asian shares and the dollar cautiously edged higher on Tuesday, as investors awaited testimony from Federal Reserve Chair Janet Yellen for clues on when the central bank would tighten US monetary policy
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