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Saturday, October 29, 2011
Market glitters in festive week, ends 6% higher
There was a festive mood on the Dalal Street this week. The Sensex surged by 6.07% and the Nifty gained by 6.15%
Major news for the week
RBI hikes repo rate by 25 bps
Food inflation accelerates to 6-month high
Sterlite Industries Q2 net profit declines by 35%
Union Bank on India Q2 net profit up 16%
ITC Q2 net profit surges by 21%
NTPC Q2 net profit rises 15%
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