Indian markets reversed early losses to trade higher, supported by a stronger rupee, continued FII buying and oil prices staying below $100 per barrel. Benchmark indices Sensex and Nifty gained around 0.5%, while broader markets also moved into positive territory led by PSU banks and midcap stocks.
DMart Q1 results: Cons PAT up 11% to Rs 860 crore, revenue rises to Rs 18,795 crore
Avenue Supermarts reported an 11.3% net profit increase for the June quarter. The company’s revenue from operations also saw a 14.9% year-on-year rise. EBITDA grew