Benchmark indices consolidated on the second trading session of the week too after opening gaped up tracking the cues from global market as the Asian peers eked to 10 year high on eveidence of strength of global economy. Continued buying by domestic institutional investors also boosted the domestic sentiment.Nifty ended the session to close at 10351.90.Pharma were the major gainers of the day while Realty were the major losers of the day.
Global Markets Update
Tencent Holdings Ltd has racked up some impressive gains this week – becoming the first Chinese firm to be worth more than $500 billion and surpassing Facebook (NASDAQ:FB) to be the world’s fifth-most valuable company.
Japanese stocks rose after large cap stocks such as automakers and manufacturers of factory automation equipment rallied, while North Korean tensions supported defence-related shares.
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