ECONOMY ANALYSIS- Nifty ends at 8551, Sensex up 140 pts; HUL tanks 5% post Q3.
- HUL Q3 profit jumps 18% to Rs 1252 cr, volume growth at 3%.
MARKET ANALYSIS
- NSE index rose for a third consecutive session on Monday to mark its highest level in nearly 1-1/2 months as Wipro BSE 5.26 % surged on strong earnings while lenders gained on continued optimism the central bank's surprise rate cut last week would revive credit growth.
- The NSE bank index rose as much as 1.1 percent to a record high of 19,434.20 after the Reserve Bank of India cut interest rates by 25 basis points on Thursday.
- Earnings by blue-chips such as ITCBSE -0.25 % on Wednesday and ECB's decision on its widely-expected quantitative easing program on Thursday are seen as the next key triggers.highest level in nearly 1-1/2 months as Wipro BSE 5.26 % surged on strong
- The broader NSE index closed 0.5 percent higher, after earlier touching its highest intraday level since Dec 5.
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