Nifty snaps four-day losing streak, ends above 8,550

August 04, 2016 18:50

Market benchmark Nifty snapped its four-day losing streak to end modestly higher by 6 points at 8,551 after the Rajya Sabha passed the historic GST Bill yesterday. It was a mixed trend on the sectoral front, where late buying in Realty, Metal, Auto and PSU Bank offset the selling pressure witnessed in Media, IT, Banking and FMCG counters. European markets rose after Bank of England cut rates, its first since the global financial crisis.

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