Equity benchmarks wiped out its previous day's gains, with the Sensex falling over 100 points on profit booking.
Equity benchmarks remained under pressure with the Sensex falling 136.78 points to 27993.06 and the Nifty declining 35.25 points to 8664.15.
Media firm DB Corp reported 55.9 percent increase YoY in consolidated net profit at Rs 88.51 crore for the second quarter ended September 30, 2016.
With good monsoon and positive market response the company expects the momentum to continue over the next six months, said Girish Agarwaal, Director, DB Corp.
DB Corp’s other expenses reduced by 14 percent in the second quarter on account of gains made from radio business and from provisions taken in the previous years
