Benchmark indices traded higher paring all loses to hit new life time high in last leg of market closing on intraday session and ended at record closing high of 10530.15. Overseas, Asian markets were mixed in a holiday-truncated week as investors remained on the sidelines in the absence of fresh cues.
Metal stocks were the major gainers of the day while PSU Banks shares were the major losers of the day.
Global Markets Update
South Korea’s Hyundai Heavy Industries Group plans to list its refining arm Hyundai Oilbank in an IPO in 2018 and raise about $1.2 billion via a share issue by shipbuilder Hyundai Heavy Industrie, in a move to bolster its finances.
Japan’s benchmark Nikkei 225 index came under slight pressure after closing at a 26-year high in the last session, despite thin holiday trade.
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