Market ended on a flat note after earlier rising as much to a record high but failed to hold those gains in last hour of trade on the back of weak global cues and the sell on rally strategy by traders caused profit booking in late trade while investors cautiously awaited GST implantation effective from 2017 July 1. After hitting a fresh high Nifty could not able to sustain higher and ends in red zone for now 9580 seen as an immediate support for it while on higher side 9650 will act as a resistance.
Global Markets Update
Iran’s Airtour Airlines has signed a memorandum of understanding (MoU) for 45 Airbus A320neo aircraft, Airbus said on Thursday, in a deal unveiled at the Paris Airshow.
Asian shares gained shrugging off a 2 perecnt dip overnight in crude prices and picking up some momentum on propspects of a weaker dollar as the Fed debates the pace of U.S. economic growth and inflation.
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