Watch Video: Markets end higher led by metals
Do you know why the metal stocks were buzzing in trade today? What about the Asian and the European bourses? Watch this video and get up-to-date with the day's developments.
Key benchmark indices closed for the day marginally higher amidst volatile trades with the Sensex closing up 37 points at 17,463 and the Nifty added 15 points to end the day at 5,302. The ones leading the gains were banks and metal scrips.
Meanwhile, the broader markets managed to hold on to its gains with the midcap and the smallcap indices up 0.8% each as compared to the Sensex up 0.2%.
Country's services sector in June expanded for the eighth straight month although at a slower clip, but new orders picked up and firms hired workers at the fastest pace in a year, a business survey showed on Wednesday. HSBC's services purchasing managers' index, which gauges the activity of around 400 firms in India, dropped to 54.3 in June from 54.7 in May. However, it has kept above the 50 mark that signifies growth since November.
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