Sensex trading in positive

Today in Indian stock market, SENSEX went up during market opening itself. All the global markets such as European markets, France's CAC, Germany's DAX and Britain's FTSE were trading in the positive trend. But still selling is happening in the main stocks Reliance Industries, Infosys, Wipro, ITC, Sterlite, Bharti, HDFC Bank, SAIL, TCS, NTPC, M&M, Ranbaxy and BHEL, which are trading in positive.
State Bank of India(SBI)India's largest bank reported better-than-expected results on Thursday, After the announcement of SBI’s 25% net profit results, the stock went all time high. It has reported net profit of Rs 2,914 crore, a growth of 25.04% and net interest income jumped 45.36% to Rs 7,304 crore on year-on-year basis. CNBC-TV18 was expecting net profit at Rs 2,450 crore and net interest income at Rs 6,646.3 crore. Net non-performing assets (NPAs) improved to 1.7% versus 1.55% and the bank made provisions for NPAs at Rs 1,733 crore in Q1 as against Rs 1,344 crore. It went up by 5% and was the top gainer as well as top traded stock on BSE and NSE. Among other financial stocks, Axis Bank was up 2% and ICICI Bank up 1%. PNB, Kotak Mahindra Bank and IDFC gained 0.5-0.9% while HDFC Bank fell 0.8%

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