The Indian market ended higher on Monday, buoyed by stronger-than-expected earnings from banking heavyweights HDFC Bank and ICICI Bank. However, gains were tempered by a decline in Reliance Industries, amid concerns over weakness in its oil-to-chemicals and retail businesses. The Sensex added 442.61 points, or 0.54%, to close at 82,200.34, while the NSE Nifty advanced…
After ending in the negative for three straight weeks, Nifty has remained above the 50-day exponential moving average (50EMA) and appears poised for a short-term pullback following the recent decline, says Rupak De, Senior Technical Analyst at LKP Securities. Edited excerpts from a chat: Nifty ended in the red zone for the third consecutive week….
ICICI Bank, India’s second largest private lender, today declared an 18% year-on-year (YoY) surge in its Q4FY25 PAT, which stood at Rs 12,630 crore at the end of the quarter, while its net interest income (NII) rose 11% YoY to Rs 21,193 crore in the same time period. Meanwhile, for the full financial year 2025,…