AUTO REFRESH ON 
Anand James, Chief Market Strategist, Geojit Financial Services Domestic indices pared the initial losses stimulated by a pull back in the banking stocks. Strong put writing was also seen at the 9800 strike indicating that traders may have deemed the downside a bit overdone, setting the stage for short covering ahead of the F&O expiry. GST council meeting scheduled in the first week of October may also enthuse the investors now, while the sharp weakness in rupee shall also give reprieve to exporters.
The benchmark indices trimmed most of its intraday losses to end flat with the Nifty50 reclaiming its crucial 9,850 mark ahead of derivatives expiry of September series due on Thursday. The markets extended losses in line with Asia and logged sixth straight session of declines, as continued tensions on the Korean Peninsula prompted investors to move into safer assets. North Korea’s foreign minister said on Monday that the United States had declared war on the country and Pyongyang reserved the right to take countermeasures. Meanwhile, investors ...
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