The intraday market extended gains with the Sensex rising
100.69 points to 26091.92 and the Nifty rising 41.65 points to 7790.35. About
1302 shares have advanced, 1515 shares declined, and 111 shares are unchanged.
Sensex and Nifty recovered 1 percent from day's low and
trading at intraday's high. Sensex is trading around 26100 and Nifty is set to
reclaim 7800. About 1368 shares have advanced, 1486 shares declined, and 124
shares are unchanged.
Pharmaceutical firm Cadila Healthcare has reported a 23.2
percent growth in consolidated net profit at Rs 240.2 crore in April-June
quarter driven by strong sales growth in the US. Profit in the year-ago period
was Rs 195 crore. Consolidated revenue jumped 25.2 percent to Rs 2,050 crore in
the quarter ended June 2014 from Rs 1,637 crore in same quarter last year.
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