Indian Shares Rise on Strong HDFC and ICICI Bank Results
Indian shares are poised for a higher open on Monday as upbeat earnings from HDFC Bank and ICICI Bank counter ongoing tensions in the Middle East region.
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Xurve View
Equity markets in India are set to open higher on Monday, driven by strong quarterly performances from major private lenders. The benchmark KOTAK NIFTY 50 is expected to start the session in positive territory, building on the 1.3% gain recorded last week. This optimistic outlook follows robust earnings reports from heavyweights HDFC BANK LIMITED and ICICI Bank, both of which saw profits exceed expectations due to significant loan growth over the weekend.
