Key benchmark indices edged up on Thursday as exporters such as leading IT shares rallied after the rupee fell to a nine-month low, although the weaker local currency tempered hopes of interest rate cuts. Meanwhile, a television news channel reported that Kotak Mahindra Bank may buy ING Vysya Bank, sending both stocks to their record highs. CNX Nifty shut shop at 8402, up by 19.6 points (0.23%).
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 21 advances to 29 declines.
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 21 advances to 29 declines.
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