Indian equities rise as IT stocks gain and banks report strong earnings

Indian equities rise as IT stocks gain and banks report strong earnings

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Indian equities rebounded with information technology stocks drawing sustained buying interest, leading the Nifty 50 index to close at 23,146, up 0.65%. Quarterly earnings reports from major banks like HDFC Bank and ICICI Bank highlighted improved asset quality, boosting investor confidence. Market participants are expected to monitor upcoming corporate announcements for further direction.

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Originally published by gnews