Tuesday, 26 December 2017

Sensex, Nifty continue to be rangebound; Asian markets close mixed

Asian indexes closed mixed on Tuesday after a session of light, holiday-week trading in most markets.

Japan’s benchmark Nikkei 225 index came under slight pressure after closing at a 26-year high in the last session. The index closed lower by 0.2 percent at 22,892.69 in thin holiday trade as most technology and auto names drifted lower.

Most Japanese retailers edged higher, with shares of department store operator Takashimaya popping 3.76 percent by the end of the session after touching a more than two-year high earlier. Takashimaya on Monday announced a 5.6 percent increase in operating profit for the nine months ending November, Reuters said.

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