Benchmark indices traded higher amid technical disruptions for about three hours in morning trade session that stopped the trading activities couple of time before everything went normal till 12:30 pm. Nifty broke the all time high resistance level of 9716 and closed way above the 9750 mark at 9776.95.
The PSU banking stocks and IT stocks were the major gainers of the day while FMCG stocks were the major losers of the day.
Global Markets Update
Activist hedge fund Elliott Advisors has filed a second lawsuit in its attempt to oust the chairman of Dutch paints group Akzo Nobel over his rejection of a 26.3 billion-euro ($30 billion) takeover proposal from U.S. group PPG Industries.
Global stocks were mixed to lower Friday ahead of the U.S. nonfarm payrolls report. A slump in oil dampened sentiment as Wall Street closed lower overnight.
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