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Expectations of healthy quarterly results push-up indices; realty stocks rise
TIWN
TIWN
PHOTO : TIWN
Mumbai, Oct 4 (TIWN) Expectation of healthy quarterly results along with a likely pause in RBI's monetary policy and bottom fishing triggered a rebound in India's key equity indices after falling for the last four consecutive sessions.
Globally, markets remained on a back foot weighed by ongoing concerns over the health of property giant China Evergrande Group and ahead of an OPEC meeting. Sector wise, realty, power, metals, capital goods and healthcare indices gained whereas consumer durables index fell.
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