Sensex hits 35,000, Nifty Bank at new high; Zee Entertainment falls

The market extended rally in afternoon, aided by technology and banks stocks.

The 30-share BSE Sensex was up 222.69 points at 34,993.74 and the 50-share NSE Nifty rallied 58.20 points to 10,758.70.

Indian media conglomerate Zee Entertainment Enterprises has reported a 28.3 percent growth in profit for October-December quarter, with advertising revenue beating analyst expectations on Wednesday.

Profit during the quarter stood at Rs 321.7 crore, increased from Rs 250.80 crore in corresponding period.

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Posted in: Indian Market Tips