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Business News: Nifty scales 23,000 mark in 88 sessions; Hindalco net profit rises 31%

Hindalco Industries reported a 31.6 percent year-on-year rise in consolidated net profit at Rs 3,174 crore for the March quarter from Rs 2,411 crore a year ago, helped by robust sales and low input costs across business segments. Market fails to hold record highs as it hit intra-day with Nifty ending below 23,000. Nifty hit intra-day record high of 23,026. Watch to know more.

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