Equity benchmarks tanked and broke the three days winning spree as North Korea’s latest nuclear test prompted investors to seek refuge in safe havens such as gold. Asian equity peers also traded lower following the global development. Nifty ended the session to close at 9919.50.
The Media and Metal stocks were the major gainers of the day while Realty shares were the losers of the day.
Global Markets Update
Workers at two McDonald’s restaurants staged the first strike to hit the company in Britain in a protest over pay and other issues on Monday.
Asian shares were mostly weaker on Monday with Shanghai bucking the trend after a weekend nuclear weapons test by North Korea that Pyongyang claimed was a hydrogen bomb capable of fitting onto an ICBM.
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