Benchmark indices traded higher on the second trading session of the week on account of positive global cues from as investors dismissed concerns over US President Donald Trump’s ability to ability to push his agenda. Meanwhile, the Finance Minister Arun Jaitley briefed lawmakers about the four GST Bills Central GST, Integrated GST, Union Territory GST and the Compensation Law introduced in Lok Sabha. Nifty ended the session to close at 9109.60
Media shares were the major gainers of the day while Realty shares were on losing side.
Global Markets Update
European stocks showed mixed trade on Tuesday as investors appeared to move on from concerns over U.S. President Donald Trump’s ability to move ahead with fiscal policies and, in a session lacking in major economic reports, market players digested both corporate earnings and news flow surrounding mergers & acquisitions (M&A). Citigroup has formally applied for a license to conduct capital markets business in Saudi Arabia.
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