Markets snap 7-day losing streak, but risks remain - News Summed Up

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Markets snap 7-day losing streak, but risks remain


Twenty-three of the 30 Sensex stocks closed higher on Thursday. Photo: Abhijit Bhatlekar/MintMumbai: Indian equities snapped a seven-session losing streak to close nearly 1% higher on Thursday as investors returned to accumulate stocks at lower price levels. Japan’s Nikkei and Hong Kong’s Hang Seng index climbed 1.13% and 0.42% respectively while European markets traded lower. Foreign institutional investors’ (FIIs) net inflows in Indian shares so far this year dropped below $2 billion as they sold in the last few sessions. Twenty-three of 30 Sensex stocks closed higher.


Source: Mint February 08, 2018 18:56 UTC



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