Equity markets in India closed slightly higher due to late buying. Realty index rose 1.10% and FMCG increased by 0.69%. On the contrary, metal, commodities, energy and financial services were the top laggards. HDFC Bank shares have corrected by nearly 5%, and the medium-term chart structure remains bullish. Chalet Hotels rallied over 15%, reaching its all-time high of INR450. Voltas shares, after a short-term correction, consolidated in the range of INR795 to INR810.
Trent Q4 net profit soars multifold to Rs 712 cr, dividend declared at Rs 3.2
Fashion and lifestyle player Trent on Monday reported a multifold jump in consolidated net profit at Rs 712 crore for the quarter ended March 31,