CLOSING BELL | Nifty holds 11,700, Sensex up 140 pts ahead of counting day; IndusInd Bank jumps 5%

It is a positive closefor the Indian market in a volatile day ahead of counting of Lok Sabha Election 2019.

At close, the Sensex was up 140.41 points at 39110.21, while Nifty was up 28.80 points at 11737.90. About 1356 shares have advanced, 1147 shares declined, and 183 shares are unchanged.

IndusInd Bank, Sun Pharma, Bajaj Auto, BPCL and Eicher Motors were among major gainers on the Nifty, while losers were Tech Mahindra, Indiabulls Housing, Bharti Infratel, ITC and Yes Bank.

Among sectors, except IT and FMCG other sectors ended higher led by bank, auto, infra, energy, pharma and metal.

: Consolidated net profit at Rs 7.5 crore versus loss of Rs 4.5 crore. Revenue up 27.9% at Rs 1,037 crore versus Rs 811 crore, YoY.

: Net profit was up 5.7% at Rs 135 crore against Rs 128 crore, revenue up 9.8% at Rs 436.6 crore versus Rs 397.6 crore, YoY.

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Benchmark indices are trading higher in the volatile trade with Nifty holding 11,700 level.

At 14:58 hrs IST, the Sensex is up 110.78 points at 39080.58, while Nifty is up 14.80 points or 0.13% at 11723.90. About 1225 shares have advanced, 1143 shares declined, and 155 shares are unchanged.

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: Net profit at Rs 28.5 crore versus Rs 7.3 crore, revenue up 10.4% at Rs 1,773 crore versus Rs 1,606.3 crore, YoY.

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Net profit down 89.7% at Rs 4 crore versus Rs 39 crore, revenue was up 32.8% at Rs 235 crore versus Rs 177 crore, YoY.