ECONOMY ANALYSIS
- Sensex snaps 2-day fall; IT Index plunges over 4%
- Zee Entertainment Q2 profit falls 3.7%, OPM beats estimates
- Axis Bank Q2 profit may jump 18%, assset quality key: Poll
- HCL Technologies Q1 net profit grows 2.1% QoQ, 32% YoY to Rs 1873 crore
- DLF approaches SAT against Sebi order
MARKET ANALYSIS
- The benchmark Sensex today rose for the first time in three sessions and ended over 109 points higher at 26,108.53 led by gains in shares of Hero MotoCorp, HDFC Bank, BHEL, M&M and SBI, amid rebound in global markets after positive US data.
- The 30-share Sensex reclaimed the 26,000-mark by rising 109.19 points, or 0.42 per cent, to end the session at 26,108.53 after climbing to 26,248.54 intra-day. The surge comes after the barometer lost 384.73 points in the previous two sessions.
- Out of the 30-share Sensex, 21 stocks ended with gains while nine counters closed in the negative zone.
- The 50-scrip NSE index Nifty also recovered by 25.00 or 0.32 per cent, to 7,773.20. Intra-day, it regained the 7,800-mark to touch the day's high of 7,819.20.
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