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MARKETS: Sensex up 350 pts; Devyani International IPO subscribed 76% so far

Stock market LIVE: In the broader markets, the BSE MidCap and SmallCap indices added 0.3 per cent and 0.6 per cent, respectively.

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MARKET LIVE | Markets | Q1 results

SI Reporter  | New Delhi 

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MARKET LIVE: Indices at fresh peaks; Sensex at 54,200, Nifty above 16,200
LIVE market updates: Solid earnings by India Inc, ample liquidity, and a condusive global mood fired up stocks on Dalal Street on Wednesday with benchmarks claiming fresh record peaks for the second consecutive day today. 

The frontline BSE Sensex zoomed 510 points to quote at 54,333 levels after hitting new peak of 54,340.5-mark in early deals. It's NSE counterpart, on the other hand, traded at 16,270 levels, up 130 points. In the intra-day session, it hit a new peak of 16,271.

In the broader markets, the BSE MidCap and SmallCap indices also claimed new lifetime highs, adding 0.3 per cent and 0.6 per cent, respectively. 

Earnings today
Nearly 70 companies, including State Bank of India, Titan Company, Godrej Consumer Products, HPCL, and PNB Housing Finance, that are slated to report their June quarterly result.

Analysts expect SBI to report a healthy set of numbers, supported by recovery from United Breweries Group's stake sale and lower interest income reversals. They are pencilling-in a year-on-year rise in net profit between 33 per cent and 63 per cent. 


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