Indian Stocks Rise on Bank Updates

  Published 6 months ago

India's benchmark indices rose modestly as banks posted strong quarterly updates, boosting sentiment ahead of earnings.

  • Nifty 50 and Sensex each gained 0.22% to 24,949 and 81,388 points, respectively, today morning.
  • Kotak Mahindra up 1.5%, HDFC Bank rose 0.6% after reporting 15% and 10% loan growth.
  • Bajaj Finance surged 3% on a 24% AUM rise; Lupin dropped 2% amid FDA concerns today.

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