ICICI Bank leads rise in Indian shares at open
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 28 2024
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Source: Reuters
Indian Stock Market Performance: Indian shares opened higher, driven by ICICI Bank's strong second-quarter profit results, with the NSE Nifty 50 rising 0.33% and BSE Sensex increasing 0.41%.
Sector Gains and Individual Stocks: Ten out of thirteen major sectors saw gains, with notable performances from Shriram Finance and Bandhan Bank, while Coal India reported a decline in net profit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
