From the Sensex basket, Kotak Mahindra Bank jumped 5 per cent after the company reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins.
Tata Consultancy Services, Hindustan Unilever, Mahindra & Mahindra, Sun Pharma, Tech Mahindra and IndusInd Bank were among the other major gainers.
Titan tanked 7 per cent after its March quarter earnings failed to cheer investors.
Sensex closes flat, Nifty slips on profit-taking by investors thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
India has unexplored opportunities: Warren Buffett orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
The question for Berkshire is if it has some kind of advantage in pursuing those (unattended) opportunities, against people who are managing other people’s money and getting paid based on assets, Buffett said.