The Indian benchmark indices rose half a percent after a volatile start today(30th October 2020).
Among headline indices, the S&P BSE Sensex hovered around 39,870 levels, up 120 points, and the Nifty50 index was holding the 11,650-mark. Nestle India, IndusInd Bank, and HCL Tech (all up 1%) were the top Sensex gainers.
All the Nifty sectoral indices were trading in the green, led by the Nifty PSU Bank index, up 1 percent.
Meanwhile, in the broader market, the S&P BSE MidCap and SmallCap indexes were ruling 0.9 percent and 0.8 percent higher, respectively.
Seventy -seven companies including Reliance Industries, IndusInd Bank, DLF are slated to report their quarterly earnings today.
In a Bloomberg poll, 14 analysts estimated a net profit of Rs 8,194 crore for Reliance Industries; 10 analysts estimated revenue of Rs 1.11 trillion for the company.