Earnings season has been mixed as economic slowdown impacted the revenue growth of the companies, however, an improvement was seen in operating performance (largely due to cost-cutting measures) and bottom-line (corporate tax benefits), said Ajit Mishra of Religare Broking.
The Sensex ended 202 points or 0.49 percent lower at 41,257.74, while the Nifty finished with a loss of 61 points or 0.50 percent at 12,113.45. With this, both extended their losses into the second consecutive session.
In sync with the benchmarks, BSE Mid-cap and Small-cap indices also ended lower by ...
Read the full text moneycontrol