Indian equities tumbled in today’s trade mirroring massive sell-off in the Asian equities after Bank of Japan maintained status quo and refrained from adding fresh stimulus. Cautious policy stance by the US Fed on global growth worries and Brexit fears sparked panic selling in nifty as it slipped 65.85 points or 0.8 percent at 8140.75.Hindalco, Gail, Asian Paints, Hindustan Unilever and Eicher Motors were the top gainers of the day while Infratel, Maruti, Ultratech cement, Indusind bank, ICICI Bank were the top losers.
Global Markets Update:
- China stocks fell on Thursday as investors turned their focus back to the struggling economy after a brief bargain hunting spree in the previous session.
- Asian shares were mixed as investors digested regional data points and policies as looked ahead to next week’s vote by the U.K. on whether to remain in the European Union.
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