Accsol Management Services News Today

In a persistent trend, markets maintained a consolidated range, closing flat in yet another session today. Despite this, both benchmarks made a fourth consecutive weekly gain, primarily fueled by anticipations of a peaking interest rate scenario in the U.S. and Europe. In global market highlights, the Eurozone composite PMI showed a marginal uptick to 47.1 in November 2023 from a near three-year low of 46.5 in October 2023.

On Wednesday, 1622 stocks advanced, 2067 declined and 141 remained unchanged, with an advance decline ratio of 0.78 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.