News Formal

Sensex, Nifty hit near nine-month high as strong SBI earnings lifts banks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Indian shares on Thursday climbed to their highest levels since February as strong earnings from the country's biggest lender State Bank of India (SBI) boosted banks, with metal and IT stocks helping build on the gains.

BENGALURU - Indian shares on Thursday climbed to their highest levels since February as strong earnings from the country’s biggest lender State Bank of India boosted banks, with metal and IT stocks helping build on the gains.

The NSE Nifty 50 index rose 1.5% by 0500 GMT after opening above the 12,000-mark for the first time since Feb. 20. The S&P BSE Sensex climbed 1.52% to 41,235.42. The banking index rose for a fourth straight session since private-sector lender ICICI Bank reported a higher profit last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

thanks

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:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sensex, Nifty rise on strong blue-chip earnings, IT gainsIndian shares edged higher on Wednesday following strong earnings from blue-chips Sun Pharmaceutical Industries and Adani Ports and SEZ (APSEZ), with IT stocks supporting gains. this is terrible news
Source: Reuters - 🏆 2. / 97 Read more »