Nifty rallies for 3rd day on oil slide, rupee gain; Sensex closes up 241 pts, midcaps outperform | | Best Investment adviser in India & Genuine Stock advisory company

Nifty rallies for 3rd day on oil slide, rupee gain; Sensex closes up 241 pts, midcaps outperform | | Best Investment adviser in India & Genuine Stock advisory company: The Nifty Midcap index outperformed frontliners, rising 1.4 percent on strong market breadth. More than two shares advanced for every share falling on the NSE. Benchmark indices started off the week on a strong note, rallying for third consecutive session following sharp slide in crude oil prices and recovery in rupee.

L&T Q4 profit up 5% YoY at Rs 3,167 cr; Expects 12-15% revenue growth in FY19 | | Best Investment adviser in India & Genuine Stock advisory company

L&T Q4 profit up 5% YoY at Rs 3,167 cr; Expects 12-15% revenue growth in FY19 | | Best Investment adviser in India & Genuine Stock advisory company: Consolidated EBIDTA was 24.3 percent at Rs 5,390 crore. Consolidated EBIDTA margin was up at 13.2 percent. Larsen and Toubro (L&T) Monday reported a 4.6 percent year-on-year (YoY) rise in March quarter consolidated profit at Rs 3,167 crore, beating estimates. The net profit in the same quarter of previous year stood at