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Nifty snaps six-day losing streak; banks recover

Reuters 

By Jessica KuruthukulangaraThe NSE Nifty rose on Thursday, heading for its first gaining session in seven, as banks and information technology stocks jumped in a broader recovery led by value buying. Strong Asian markets, following a drumbeat of hawkish comments from major central banks signalling the era of easy money might be coming to an end, also boosted sentiment.The MSCI's broadest index of Asia-Pacific shares outside Japan climbed as much as 0.9 percent to hit its highest level since May 26, 2015. But trading could turn volatile in the latter part ahead of the expiry of monthly ...

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First Published: Thu, June 29 2017. 13:04 IST
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