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
Swiss engineering group ABB has joined Northvolt’s project to build Europe’s largest lithium-ion battery factory in Sweden to cater for expected demand growth for electric cars.
European shares were flat on Tuesday after a selloff in technology shares on Wall Street and as tensions over Korea persisted, while investors were awaiting further clues on whether U.S. interest rates will rise in December.
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