Benchmark indices traded higher breaking the five days losing streak on account of value buying seen after the market corrected a bit. Weak US inflation data dampened the prospects of rate hike this year also boosted the sentiments in equities market across the globe. However investor will look forward for CPI inflation data to be released later today. Nifty closed at 9815.60.The Realty and Metal stocks were the major gainer of the day while IT stocks were the losers of the day.
Global Markets Update
World stocks rose attempting to recover after fears of a US-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen.
Japan’s Nikkei share average tumbled to a 3-1/2-month low following a holiday weekend, as tension between the United States and North Korea prompted investors to shed riskier assets.
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