Friday 19 July 2019

Benchmark Indices Started Off Trade On A Positive Note With The Sensex Rising 106.09 Points

Benchmark indices started off trade on a positive note with the Sensex rising 106.09 points to 39,003.55 and the Nifty50 climbing 34.10 points to 11,631 following strong trade in other Asian markets on hope of more easing from Federal Reserve in upcoming policy meeting.

Net profit in quarter ended June 2019 grew by 39.5 percent to Rs 455.7 crore and revenue increased 7.8 percent to Rs 4,149.8 crore compared to year-ago period.

"Indian markets are expected to open in the green on the back of positive global cues. Going ahead, key monitorable for the markets include earnings traction and global news flows," ICICI Direct said.

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