Benchmark indices traded flat on the third trading session of the week as the investors remained on sideline ahead of nomination of new FED chairperson. Besides Fed in two days meeting kept the rates unchanged but its view on economy signals the next hike in December is most likely to happen. Nifty ended the session to close at 10452.4. Pharma stocks were the gainers of the day while IT stocks were the losers of the day.
Global Markets Update
Etihad Airways said on Thursday it would stop flying to Dallas-Fort Worth next year after American Airlines’ decided in July to end a codeshare agreement between the two carriers.
European shares hovered near two-year highs with trading muted as investors battened down the hatches ahead of the Bank of England’s policy meeting, though a profit warning from Playtech punctured the calm in early deals.
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