Sensex, Nifty firms, surprise analysts
Updated on Aug 03, 2008 08:20 pm IST
Inflation might have dented the profitability of many Indian companies, but the constituents of the country's two benchmark indices, Sensex and Nifty, continue to significantly grow revenue and profit. This has surprised the analysts who maintained that this growth momentum won't last. The net sales growth of the Sensex firms in the quarter was 29.32% and that of Nifty companies, 32.66% -- both the highest in six quarters.
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