Opening bell: Sensex starts in green, Nifty above 22,204.70
India Business News: NEW DELHI: Equity benchmark Indices Sensex and Nifty starts flat on Wednesday.
Stay updated with breaking news from Divi Lab. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
India Business News: NEW DELHI: Equity benchmark Indices Sensex and Nifty starts flat on Wednesday.
What the numbers say about the Indian economy, markets, Life, the Universe and Everything
Operational performance was on the weaker side as the company's earnings before interest, taxes, depreciation and amortization (EBITDA) came in at Rs 479 crore, up around 19.6 percent from Rs 409 crore.
Gautam Shah says: “real estate, select auto stocks and if you look at capital goods, I think that has also had a wonderful run up in the last two and a half years. That is also looking quite overbought. So stay away from these segments and look to commit in IT, pharma, metals, select banks and select chemical stocks.”
Markets across the global traded higher, lifting sentiment for domestic equities. Most frontline banking stocks, which were hammered in the past two day, staged a recovery, with ICICI Bank and Axis Bank taking the lead