Benchmark indices traded higher but didn’t sustain at higher levels and pared the intraday gains in the last hour of trading session to end flat. Asian markets inched up to a 10-year high, cheered by record highs on Wall Street following Apple’s new launches and as North Korea fears eased. Nifty ended the session to close at 10091.40. Pharma stocks were the major gainers of the while OMC stocks were the major losers of the day.
Global Markets Update
Disappointment over the timing of Apple’s iPhone X release hampered further gains for world stock markets on Wednesday after an easing of concerns about North Korea sent indices to record highs.
Japanese stocks rose for a third day to a one-month high on Wednesday after Wall Street strengthened and the yen pulled back, helping buoy cyclicals such as exporters and banks.
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