AIRLINK 173.79 Increased By ▲ 3.22 (1.89%)
BOP 11.36 Increased By ▲ 0.18 (1.61%)
CNERGY 8.64 Increased By ▲ 0.23 (2.73%)
CPHL 101.64 Increased By ▲ 1.91 (1.92%)
FCCL 46.94 Increased By ▲ 0.34 (0.73%)
FFL 15.39 Increased By ▲ 0.24 (1.58%)
FLYNG 27.79 Increased By ▲ 0.24 (0.87%)
HUBC 143.75 Increased By ▲ 5.97 (4.33%)
HUMNL 12.99 Increased By ▲ 0.07 (0.54%)
KEL 4.52 Decreased By ▼ -0.02 (-0.44%)
KOSM 5.76 Increased By ▲ 0.40 (7.46%)
MLCF 62.33 Decreased By ▼ -0.07 (-0.11%)
OGDC 212.02 Decreased By ▼ -0.14 (-0.07%)
PACE 5.47 Increased By ▲ 0.05 (0.92%)
PAEL 47.07 Decreased By ▼ -0.11 (-0.23%)
PIAHCLA 18.08 Decreased By ▼ -0.40 (-2.16%)
PIBTL 10.86 Increased By ▲ 0.50 (4.83%)
POWER 12.26 Decreased By ▼ -0.07 (-0.57%)
PPL 171.28 Increased By ▲ 1.68 (0.99%)
PRL 35.88 Increased By ▲ 0.03 (0.08%)
PTC 23.36 Increased By ▲ 0.27 (1.17%)
SEARL 96.96 Increased By ▲ 0.70 (0.73%)
SSGC 41.71 Increased By ▲ 2.19 (5.54%)
SYM 14.15 Increased By ▲ 0.31 (2.24%)
TELE 7.10 Decreased By ▼ -0.05 (-0.7%)
TPLP 9.96 Decreased By ▼ -0.07 (-0.7%)
TRG 63.89 Increased By ▲ 0.41 (0.65%)
WAVESAPP 10.02 Increased By ▲ 0.03 (0.3%)
WTL 1.33 Increased By ▲ 0.02 (1.53%)
YOUW 3.72 Increased By ▲ 0.06 (1.64%)
BR100 12,447 Increased By 142.3 (1.16%)
BR30 37,919 Increased By 504.1 (1.35%)
KSE100 116,390 Increased By 1536.7 (1.34%)
KSE30 35,696 Increased By 479.1 (1.36%)

MUMBAI: India’s benchmark indexes ended strongly on Wednesday, boosted by gains in HDFC Bank after its quarterly results, after having spent the day struggling due to worries about earnings moderation and US trade policy.

The Nifty 50 rose 0.57% to finish at 23,155.35, while the BSE Sensex added 0.75% to close at 76,404.99. The indexes opened higher before treading water for most of the day.

That changed in the last hour once HDFC Bank, the heaviest stock on the indexes, rose about 1.5% after posting a third-quarter profit that was largely in line with market estimates.

Still, “relentless selling by foreign investors, worries over corporate earnings and uncertainty over (US President Donald) Trump’s tariff policies have heightened risk aversion in the markets,” said Jaykrishna Gandhi, an analyst at Emkay Global.

Foreign portfolio investors (FPI) have sold Indian stocks and bonds worth $7 billion in January so far.

Comments

Comments are closed.