Benchmark indices traded lower for the sixth continuous trading session in line with Asian peers as the tensions on the Korean Peninsula prompted investors to stay away from the equities. Domestic equities witnessed range bound moment before the September F&O expiry due on Thursday. Nifty ended the session to close at 9856.Realty and Metal shares were the major gainers of the day while Media stocks lost the most today.
Global Markets Update
German industrial group Siemens chose France’s Alstom over Canada’s Bombardier for a rail joint venture because of its sound finances and its management team.
Asian shares rose as investors hoped for progress on major tax reform in the United States, while the dollar hovered near one-month highs on growing expectations of a U.S. interest rate increase in December.
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