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MARKET LIVE: Sensex gains 500 pts, Nifty reclaims 10,100; Britannia up 6%
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Topics
MARKET LIVE | Markets | InterGlobe Aviation
SI Reporter |
Last Updated at June 3, 2020 09:32 IST
EVENT HIGHLIGHTS
Indian equity markets were trading firm on Wednesday, in line with trends in their Asian peers, with banks, autos, and metal stocks contributing the most.
The S&P BSE Sensex breached the 34,000-mark and was trading 515 points higher at 34,300 levels. The Nifty50 index also reclaimed the psychological level of 10,000 -- first time since March 13 -- and was hovering around 10,140-mark. Bajaj Finance and ICICI Bank (both up 4%) were the top Sensex gainers.
Besides, Britannia Industries surged 6 per cent after its consolidated Q4 net profit rose 26.5 per cent YoY to Rs 372.35 crore helped by a lower tax outgo. InterGlobe Aviation also zoomed 6 per cent post its March quarter results.
All the Nifty sectoral indices were in the green, led by Nifty Bank index, up 3 per cent.
The S&P BSE Sensex breached the 34,000-mark and was trading 515 points higher at 34,300 levels. The Nifty50 index also reclaimed the psychological level of 10,000 -- first time since March 13 -- and was hovering around 10,140-mark. Bajaj Finance and ICICI Bank (both up 4%) were the top Sensex gainers.
Besides, Britannia Industries surged 6 per cent after its consolidated Q4 net profit rose 26.5 per cent YoY to Rs 372.35 crore helped by a lower tax outgo. InterGlobe Aviation also zoomed 6 per cent post its March quarter results.
All the Nifty sectoral indices were in the green, led by Nifty Bank index, up 3 per cent.
Results today
A total of 15 companies including Aurobindo Pharma, BPCL, and Cholamandalam Investment are scheduled to announce their March quarter results today.
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