Benchmark indices spurt with massive gains as the India’s ranking in ease of doing eked well with a jump of 30 points in the list at 100th place. The significant jump this year is a result of the Indian government’s consistent efforts and India’s Endeavour to strengthen its position as a preferred place to do business. Nifty ended at new life time closing high at 10473. PSU bank stocks were the gainers of the day while Media stocks were the losers of the day.
Global Markets Update
Drugmaker Novo Nordisk said on Wednesday that new legislation being prepared in some U.S. states to improve pricing transparency could potentially impact business in its key market.
European stocks reached two-year high, as corporate results for the third quarter and record highs by U.S. and Asian shares continued to fuel confidence in the market. The pan-European STOXX 600 (STOXX) rose 0.6 percent to 397.43 points.
(Click to submit your details) Just one step to get best trading tips and Recommendation.