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NEW DELHI: Indian markets made a recovery on Tuesday, following a three-day downturn, driven by a global market rebound and increased investment in HDFC Bank following its strong quarterly earnings report.
The 30-share BSE Sensex surged by 261.16 points or 0.39%, closing at 66,428.09. Throughout the trading day, it peaked at 66,559.82, a significant increase of 392.89 points or 0.59%.
The Nifty index exhibited a similar upward trend, gaining 79.75 points or 0.40% to reach 19,811.50.
Key performers during the day included:
The 30-share BSE Sensex surged by 261.16 points or 0.39%, closing at 66,428.09. Throughout the trading day, it peaked at 66,559.82, a significant increase of 392.89 points or 0.59%.
The Nifty index exhibited a similar upward trend, gaining 79.75 points or 0.40% to reach 19,811.50.
Key performers during the day included:
Power Grid Kotak Mahindra Bank Tech Mahindra - Bajaj Finserv
- ITC
- Bharti Airtel
- Nestle
- NTPC
- Bajaj Finance
- Reliance Industries
- Infosys
- HDFC Bank
HDFC Bank, in particular, recorded nearly a 1% increase in its stock price following its quarterly earnings announcement. The bank reported a consolidated net profit of Rs 16,811 crore for the September quarter.
On the flip side, notable underperformers during the trading day included:
- Tata Motors
- Larsen & Toubro
- IndusInd Bank
- Tata Consultancy Services
- JSW Steel
- Mahindra & Mahindra
In the broader global context, major Asian markets such as Seoul, Tokyo, Shanghai, and Hong Kong ended the day on a positive note. European markets were also trading in the green.
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