Epic Update Tech Mahindra
Equity benchmarks gained strength after opening on a flat note, supported by FMCG, auto, infra and select banks stocks. The broader markets also traded in line with benchmarks.
The 30-share BSE Sensex was up 98.55 points at 28101.67 and the 50-share NSE Nifty rose 25.90 points to 8662.45. About 1065 shares advanced against 816 declining shares on the Bombay Stock Exchange.
ITC was the leading contributor to Sensex’s gains, up nearly 3 percent on value buying. Tech Mahindra also gained nearly 3 percent after its topline met analysts’ expectations and profit came in higher than estimates, though it disappointed on operational front due to visa cost.
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