Tuesday, 30 October 2018



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It looks like it was early Diwali celebration on D-Street. Sensex rallied by more than 700 points while Nifty reclaimed 10,200 levels.

The final tally looked like – Sensex closed 718 points higher or 2.15 percent at 34,067 while the Nifty50 rose 220 points to end at 10,250.

Positive global cues, fall in crude oil prices, rally in index heavyweights supported market sentiment.


All the sectoral indices closed in green. Individually, pharma, realty, capital goods, PSU as well as energy stocks rose 3-4 percent.On the results front, as many as 135 companies will declare their results for the quarter ended September 30 which include names like Bank of Baroda, Bhushan Steel, Cummins India, Dena Bank, IDFC Ltd, JK Tyre, Bank of Maharashtra, Tech Mahindra, Torrent Power etc. among others.

Tech Mahindra: PAT likely to grow 34% YoY to Rs 1120 cr

Bank of Baroda: PAT likely to grow by 2.4% YoY to Rs 363 crore

Pidilite Industries: PAT likely to grow by 9% YoY to Rs 275 crore

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