By | September 10, 2016

The Indian equity markets continued to bleed through the day, ending deep in the red as they tracked the weak global markets and awaited a decision on the Goods and Services Tax Bill. Stocks across the board ended on a weak note with those from the realty and FMCG spaces witnessing maximum selling pressure. The BSE Sensex closed lower by 284 points, while the NSE Nifty closed lower by 78 points. Mid and small caps were not spared either. The S&P BSE Mid Cap and S&P BSE Small Cap indices closed the day lower by 1.5% and 1.2% respectively.

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Asian markets finished mixed as of the most recent closing prices. The Shanghai Composite gained 0.24%, while the Nikkei 225 & the Hang Seng fell 1.88% and 1.68% respectively. European markets are trading mixed. The DAX is trading higher by 0.05%, while the CAC 40 and the FTSE 100 are trading lower. They are down 0.47% and 0.16% respectively.

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