A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., (Photographer: Michael Nagle/Bloomberg)

Sensex, Nifty Post Best Single-Day Gains In Nearly A Month

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Fab Four Stocks Of The Day

Closing Bell

Indian equity benchmark rebounded after form a six-week low, led by Bharti Airtel and Asian Paints.

The S&P BSE Sensex Index closed 1.1 percent higher at 32,949 as 26 of its 31 members advanced. The Sensex erased losses from Wednesday, when the central bank left rates unchanged, as predicted by most economists and tweaked inflation forecasts higher.

The NSE Nifty 50 Index closed 1.2 percent higher at 10,166. The market breadth was tilted in the favour of buyers.

Sensex, Nifty Post Best Single-Day Gains In Nearly A Month

Earnings Update: Hotel Leela Venture Jumps After September Quarter Margins Expand

Shares of Hotel Leela Venture Ltd. rose as much as 5.6 percent today, the most in two weeks to Rs 20.90, after its operating margins expanded in July-September period.

Earnings Highlights (Q2 YoY)

  • Net loss at Rs 24.4 crore versus net loss of Rs 8.9 crore.
  • Revenue up 1 percent to Rs 158.4 crore.
  • Ebitda up 15.4 percent to Rs 38 crore.
  • Margins expanded to 24 percent from 21 percent.

Count Down

Europe Update

Sensex, Nifty Post Best Single-Day Gains In Nearly A Month