Indian markets post gain on Monday
Sensex was up 163.66 points to 25653.23 and Nifty was up 45.85 points to 7860.75.
Bank of Baroda posted loss of Rs 3,230 crore in its fourth quarter against profit of Rs 598.3 crore in the same quarter a year ago due to higher provisions. Union Bank of India posted a sharp decline in profit, to Rs 96.1 crore against Rs 443.8 crore in the year-ago quarter.
The major stocks that ended Monday as gainers were ITC, Dr Reddy's Labs, TCS, Asian Paints, Lupin, Maruti and Tata Steel.
The losers included ICICI Bank, SBI, Bank of Baroda, Unio n Bank of India, Adani Ports and Cipla.
ITC will report its fourth quarter earnings on May 20.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
