Market Live: Sensex, Nifty Up Nearly 1%; July WPI Inflation Doubles To 1.88% MoM

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Intraday Nifty Future Tips
Dredging Corporation shares rallied 5 percent after strong operational numbers in June quarter.

Net profit of the company fell by 2.5 percent year-on-year to Rs 3.9 crore but revenue grew by 10.8 percent to Rs 157.9 crore in the quarter ended June 2017.

Operating profit jumped 26.7 percent to Rs 37.3 crore and margin expanded 290 basis points to 23.6 percent compared with same quarter last year.

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European stocks opened higher after senior US officials sought to play down risks of a military conflict with North Korea.

The pan-European Stoxx 600 moved up 0.4 percent shortly after the opening bell with almost all sectors and major bourses in positive territory.


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