Markets snap 2-day rally; post 3rd weekly gains

Image
Press Trust of India Mumbai
Last Updated : Jun 08 2018 | 5:15 PM IST

Stocks took a breather today after two sessions of robust gains as investors booked profit in recent winners amid uncertainty over global trade relations ahead of a key G7 meeting.

Healthcare counters were the session's biggest gainers following a clutch of USFDA approvals for Indian drugmakers.

Overseas, European stocks followed Asian peers lower after a mixed close on Wall Street overnight.

Global investors are keeping a keen eye on the upcoming G7 meeting against the backdrop of the US slapping tariffs on a wide range of imports from allies like the EU and Canada

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 08 2018 | 5:15 PM IST

Next Story