Nifty consolidates ahead of F&O expiry; Asian Paints surges 7%


Equity benchmarks continued to trade higher amid consolidation with the Nifty holding 8600 level ahead of expiry of July derivative contracts.

The 30-share BSE Sensex was up 77.26 points at 28101.59 and the 50-share NSE Nifty rose 15 points to 8630.80. The broader markets outperformed benchmarks.

The BSE Midcap and Smallcap indices gained 0.7-0.8 percent as about two shares advanced for every share declining on the Bombay Stock Exchange.

Asian Paints shares rallied 7 percent after its first quarter (April-June) earnings surpassed analysts' expectations with consolidated profit growing 18.7 percent year-on-year to Rs 553 crore, boosted by operational performance.

Read our more services below:
CapitalStars Financial Research Financial Advisory Services 
www.capitalstars.com |T:+91-731-6790000,6669900


on
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)