Monday 10 August 2015

Sensex, Nifty firm; BHEL & Hero up 2%, Chennai Petro surges -- 10 Aug 2015

Chennai Petroleum surged 17 percent after reporting 153.3 percent growth in bottomline at Rs 923.5 crore on strong operational performance and 2.6 percent growth in revenue at Rs 9,053.4 crore in June quarter year-on-year.

                                               
Equity benchmarks continued to see buying interest supported by banking & financials, technology and metals stocks. The 30-share BSE Sensex climbed 102.53 points to 28338.92 and the 50-share NSE Nifty rallied 29.75 points to 8594.35. About 1596 shares have advanced against 1215 shares declined on the Bombay Stock Exchange. Shares of HDFC, BHEL and Hero Motocorp topped the buying list on Sensex, up 2 percent each followed by TCS, Lupin, State Bank of India and GAIL with a percent gain. However, Mahindra & Mahindra and ONGC plunged 2 percent each. Chennai Petroleum surged 17 percent after reporting 153.3 percent growth in bottomline at Rs 923.5 crore on strong operational performance and 2.6 percent growth in revenue at Rs 9,053.4 crore in June quarter year-on-year.

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