Wednesday, 11 January 2017

Sensex, Nifty continue to rise; Infosys, TCS, Reliance drag

Markets in Europe opened slightly higher as investors wait for the first address of President-elect Donald Trump. The pan-European Stoxx 600 was 0.09 percent higher with most sectors trading positive. Investors will look for any concrete policy moves ahead from Trump who is expected to outline the future of his own businesses at the press conference on Wednesday. Meanwhile, the German carmaker Volkswagen has reached a $4.3 billion draft settlement deal with U.S. authorities over the emission scandal.

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