The Sensex and Nifty are poised to open lower on Friday, in line with global equities after the World Bank warned of a global recession due to higher global interest rates.
IndusInd Bank reported a 64.4% YoY rise in its standalone profit to ₹1,603.29 crore during Q1 FY23 on an uptick in net interest income
The Sensex and Nifty are headed for a strong opening on Wednesday, following a rally in Asia and positive closing on Wall Street overnight as robust earnings eased rate hike concerns.
The Sensex and Nifty are set to rise in opening trade on Thursday, following firm cues from global peers and positive trends on SGX Nifty.
Out of the top 30 shares on the Sensex pack, barring Power Grid and Sun Pharma, all heavyweights closed in the green zone, led by UltraTech Cement, Axis Bank, and IndusInd Bank.
The case pertains to alleged default of ₹83.08 crore term loan facility issued by IndusInd Bank to Siti Networks, a cable TV operator promoted by Subhash Chandra-led Essel Group.
The BSE Sensex and Nifty extended rally for the third day on the back of optimism post the Union Budget, making investors richer by ₹9.68 lakh crore.
The BSE Sensex and the NSE Nifty started the new calendar year 2022 on a positive note, led by index heavyweights such as Bajaj Finance, Bajaj Finserv, ICICI Bank.
The BSE Sensex closed 1,189 points lower, while the NSE Nifty slipped below 16,700 as concerns about the rapid spread of the Omicron cases triggered sell-off in the market.
The BSE Sensex and the NSE Nifty resumed their losing streak on Friday as rising Omicron cases in India and hawkish central banks in Europe dented market sentiments.
