BENGALURU :Indian stocks rose on Monday, after declines in the previous two sessions, helped by gains in financial stocks as banks reported strong quarterly results over the weekend.
Private lenders ICICI Bank and Kotak Mahindra Bank advanced about 1 per cent each after reporting higher quarterly net profit and healthy loan growth. Domestic sentiment was also boosted by Wall Street equities' rally on Friday. Most Asian markets were closed on Monday for the Lunar New Year holidays.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indian shares open higher; financials gain on strong earningsBENGALURU :Indian stocks opened higher on Monday as financial stocks ticked up after some banks reported strong quarterly numbers over the weekend, while a Wall Street rally in the previous session helped broader sentiment. The Nifty 50 index was up 0.34 per cent at 18,902.95 as of 9:28 a.m. IST, while the S&
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Indian shares set to open higher; key earnings to provide directionBENGALURU : Indian stocks were poised to open higher on Monday, tracking a Wall Street rally in the previous session, with shares also taking cues from the earnings of heavyweights such as Reliance. India's NSE stock futures listed on the Singapore exchange were up 0.53 per cent at 18,140.50, as of 7:32 a
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »