Monday 13 July 2015

Sensex, Nifty Surge 1% On Greece; IndusInd Up Post Q1 Nos

Posted by suhani varma on Monday, July 13, 2015 with No comments

The market continues its uptrend as the Sensex is up 305.91 points or 1 percent at 27967.31. The Nifty is up 94.90 points or 1 percent at 8455.45. About 1676 shares have advanced, 950 shares declined, and 144 shares are unchanged. GAIL, HDFC, Cipla, Sun Pharma and Maruti are top gainers in the Sensex. Among the losers are ONGC and L&T. IndusInd Bank is up 1 percent after its Q1 results beat estimates. 

Its net non-performing asset (NPA) is flat. European leaders in Brussels have reached a third bailout deal for Greece morning after more than 17 hours of talks on the thorny subject of reforms and more financial aid for the near-bankrupt country. Euro zone leaders "unanimously" reach an agreement on Greece Creditors want more reforms and tax measures Greece to create 50 billion euro privatisation fund Athens to pass some reforms by Wednesday.


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