Indian benchmark indices kicked off on a negative note followed by global geopolitical cues, remained subdued throughout the session majorly driven by pharma sector. Markets tumbled in the last half an hour following Arun Jaitley’s comment on income profiles of domestic individuals. Nifty hit below 9200 mark and closed at 9198 while Sensex shed 220 points and closed at 29706. Broader markets too retreated to close marginally lower by 0.3% and 0.47% for Midcap and Smallcap.
Markets across the globe came under pressure after the US military launched cruise missile strikes against a Syrian airbase controlled by President Bashar al-Assad’s forces in response to a chemical attack in a rebel-held area.
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