Sensex, Nifty Deliver Better; Financial results worse

Sensex, Nifty Deliver Better; Financial results worse

(RTTNews) – Indian stocks outperformed global peers on Monday, although aggregates remained limited, attributable to uncertainty surrounding Donald Trump’s exchange-traded insurance policies and a warning earlier than Union Funds.

The benchmark S&P/BSE Sensex rose 170 points, or 0.2 percent, to 76,778, while the broader NSE Nifty rose 24 points, or 0.1 percent, to 23,227.

Wipro jumped 7.3 percent after Q3FY25 results beat forecasts.

Kotak Mahindra Bank grew 9 per cent on strong performance in the third quarter on the back of an upgrade in stockbroking.

Tech Mahindra turned in little change as quarterly profit fell 21 percent sequentially.

Financial services providers and Jio products fell 2 percent to report flat third-quarter earnings.

IndusInd Bank lost 2 percent after Gobind Jain stepped down as the monetary institution’s chief financial officer.

Shriram Finance declined 4 percent, while HDFC Life, Trent and SBI Life fell 1-2 percent.

The views and opinions expressed herein are those of the creator and are not intended to implicate in substance the views and opinions of Nasdaq, Inc.

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