Profit Power Surge: ICICI, HDFC Bank Results Fuel Benchmark Breakout

Indian equity benchmarks opened strongly today with support from strong quarterly results of ICICI Bank and HDFC Bank. The banking giants reported better-than-anticipated earnings for March 2025 quarter, which triggered new buying interest and lifted the broad indices irrespective of mixed global leads and some pressure induced by IT sector results.

 

Key Highlights:

With the pace being led by the banking chiefs, the mood in the market is buoyant, even as investors are waiting for more direction from the coming earnings and international events.

 

Sources: India Today, News Arena India, CNBC-TV18, Financial Express, CNBC-TV18