Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Indian markets rebound from early losses as banking stocks surge despite mixed earnings results</h1> Indian equity markets recovered from early losses on Monday as buying interest in major banking stocks drove the rebound. The benchmark indices initially declined with the 30-share index dropping 148.68 points and the 50-share index falling 67.55 points in early trade. However, strong performance from two leading private banks helped markets bounce back into positive territory, with the main index gaining 181.30 points and the broader index rising 36.75 points. A major private bank surged over 2 percent after reporting a 15.9 percent jump in consolidated net profit to Rs 13,558 crore for the June quarter. Another leading bank also climbed over 2 percent despite posting a 1.31 percent decline in net profit. However, the country's most valuable company declined nearly 2 percent despite reporting record quarterly profit of Rs 26,994 crore. Market analysts highlighted upcoming trade talks between major economies as a key factor to watch.