Benchmark indices traded choppy today ahead of key economic data of IIP and inflation also the upcoming march-quarter earnings season kept the market cautious as Infosys results will be declared tomorrow. Geopolitical concerns continued to weigh on the domestic sentiment too. Nifty ended the session to close at 9223.20.
Pharma and FMCG stocks were the major gainers of the day while Media and Banking stocks were the losers for the day.
Global Markets Update
Wal-Mart Stores Inc will offer ‘pickup discounts’ to U.S. shoppers on items they order online and pick up in-store, as it revamps its e-commerce offerings at a faster pace to close the gap with larger rival Amazon.com Inc.
European shares rose on Wednesday, driven by gains in financial stocks and carmakers, as the first-quarter earnings season kicked off and a rise in the oil price underpinned energy stocks.
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