Sensex consolidates, Midcap outperforms; Axis, HDFC twins fall

Axis Bank
Benchmark indices continued to consolidate. The Sensex was up 30.11 points at 27287.75 and the Nifty gained 3.75 points at 8420.75.

About 1213 shares advanced against 966 declining shares on the BSE.

Axis Bank fell 1.6 percent ahead of quarterly earnings today. The country’s third largest private sector lender’s third quarter profit is expected to fall 63.1 percent year-on-year to Rs 801.6 crore and net interest income may grow 9.8 percent to Rs 4,568.5 crore, according to average of estimates of analysts polled by CNBC-TV18.

HDFC, HDFC Bank, Asian Paints, ICICI Bank and ITC were under pressure while Tata Motors, Reliance Industries, Adani Ports, Infosys and HUL gained.

For more information and best STOCK FUTURES TIPS

Call us ✆ – 0731-6642300 or Visit

Connect with our social media sites
Next Post »