The market continued to consolidate in afternoon trade
with the Sensex rising 59.09 points to 24551.48 and the Nifty up 19.50 points
to 7457.25.
ITC, Mahindra & Mahindra and HUL rallied more than 2
percent followed by Reliance Industries, Sun Pharma, Lupin, Dr Reddy's Labs and
NTPC with more than 1 percent upside.
HDFC, ICICI Bank, L&T, Adani Ports, Wipro and Bharti Airtel fell 1-2 percent.
HDFC, ICICI Bank, L&T, Adani Ports, Wipro and Bharti Airtel fell 1-2 percent.
European equities reversed losses to trade flat to higher
today following a mixed to negative trend set in Asia and Wall Street as the
oil price rebounded. The pan-European STOXX 600 opened around 0.5 percent lower
but was hovering around the flatline in early trade.
State-run electric utilities company Power Grid
Corporation of India 's third quarter earnings surpassed analysts' expectations
on all parameters Wednesday. Profit shot up 31 percent year-on-year to Rs
1,613.1 crore during the quarter on strong revenue and operational performance
despite lower other income.
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ReplyDeleteCrude Oil October contract has declined over 0.5 percent at $ 43.62 per barrel.
ReplyDeleteBrent Oil November expiry is quoted at $ 45.81 - down 0.3 percent.
Natural Gas October future has added 0.4 percent at $ 2.949.
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