Equity benchmark indices opened higher led by HDFC twins, State Bank of India and Sun Pharma.
Benchmark indices opened higher on Monday led by IT, PSU Bank, auto, FMCG and pharma stocks and also positive Asian cues and after RBI further liberalised ECB policy.
At 12:03 PM, the BSE Sensex was trading higher by 237 points at 35,207 and the Nifty50 index was up 62 points at 10,755. In the broader market, the BSE Midcap gained 0.21% and the BSE Smallcap indices added 0.54%, respectively. Shares of Reliance Industries were down 1% after Q4 earnings. The company’s consolidated revenue stood at Rs1,20,143cr, up 29% yoy. Net profit for the quarter came in 1% higher than the estimated figure of Rs9,347cr.
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