In the Nifty 50, out of the 35 companies that came out with results, 34 percent of them beat estimates while 37 percent missed estimates, Singh said.
Shares of PVR rose more than 1 percent in early trade on the back of stake sale in its joint venture company.
The company in its meeting held on August 8 has approved sale of its 51 percent stake in PVR bluO Entertainment.
PVR bluO Entertainment is a joint venture between PVR and Major Cineplex group of Thailand in which PVR owns 51 percent stake with balance 49 percent stake held by Major group.
Shares of PVR rose more than 1 percent in early trade on the back of stake sale in its joint venture company.
The company in its meeting held on August 8 has approved sale of its 51 percent stake in PVR bluO Entertainment.
PVR bluO Entertainment is a joint venture between PVR and Major Cineplex group of Thailand in which PVR owns 51 percent stake with balance 49 percent stake held by Major group.
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