Nifty Realty index ends 1.80% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) UNITECH 4.30 4.10 0.20 4.88 DLF 194.30 187.30 7.00 3.74 OBEROI REALTY 488.80 473.25 15.55 3.29 INDBULL.REALEST. 150.35 148.15 2.20 1.48 H D I L 20.05 19.95 0.10 0.50 Nifty sectoral performers of the day BSE Sensex: RIL, Wipro, Yes Bank among top gainers of the day, IndusInd Bank top loser Market at close The S&P BSE Sensex ended at 36,240, up 305 points while the broader Nifty50 index settled at 10,947, up 94 points. IndusInd Bank Q1 up by 24% at Rs 10.36 billion, asset quality falls Private sector IndusInd Bank on Tuesday posted a 23.8 per cent rise in its net profit at Rs 10.35 billion for the quarter ended June 2018 on higher income mainly from interest. This was against a net profit of Rs 8.36 billion in the corresponding period of previous year. Total income during the quarter rose to Rs 63.69 billion, up by 20 per cent as against Rs 53 billion in the same quarter of last year. READ MORE Shriram Transport Finance extends gain on reports of merger Shares of Shriram Transport Finance Company were up by 7% at Rs 1,218 per share, extending their 3% gain on the BSE on Monday, after the company said that it continuously evaluates various opportunities for enhancing shareholders’ value. The company made a clarification on the Business Standard new report on Shriram group may merge two firms. READ MORE
Among sectoral indices, the Nifty Metal index is also trading 1.6% higher led by Jindal Stainless (Hisar) and Hindalco Industries. Meanwhile, Nifty Realty index gained over 1.8% led by Unitech and DLF.
On BSE, the market heavyweight Reliance Industries (RIL) along with Coal India and Wipro are top gainers among individual stocks.
Oil prices rose on Tuesday escalating concerns about potential supply shortages, with Brent crude leading the way as oil workers in Norway are set to strike later in the day after failed wage talks. That potentially adds to disruptions in other oil producing regions amid tensions in the Middle East.
(with Reuters inputs)