Nifty holds 8,200 amid choppy trades; broader markets outshine

Benchmark indices still trade a slim vary with negative bias weighed down by banking shares and index heavyweights like ITC and RIL. However, the draw back is proscribed thanks to shopping for demand among automobile shares.

By 10:35 am, the S&P bovine spongiform encephalitis Sensex was lower by thirty-nine points at twenty six,828 and therefore the Nifty50 unfit fifteen points at eight,224.  Broader markets square measure outperforming the benchmark indices- bovine spongiform encephalitis Midcap and Smallcap indices square measure up zero.4% each.

India declared on Monday sweeping reforms to rules on foreign direct investment, clearing the method for Apple to open stores within the country and saying easier terms for investors in sectors starting from civil aviation to prescription drugs.

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