Indian shares off record highs

Bandhan Bank

29/07/2024 08:47

** India's Nifty 50  .NSEI  and Sensex  .BSESN  up about
0.2%, off record highs hit earlier in the session 
    ** Ten of the thirteen major sectoral indexes are trading in
the green  
    ** Heavyweights Nifty bank index  .NSEBANK , Nifty private
bank index  .NIFPVTBNK  and Nifty financial  .NIFTYFIN  surge
between 0.5% to 0.9%
    ** ICICI Bank  ICBK.NS , up 1.5%, led gains in the Nifty 50
after reporting a rise in first-quarter profit 
    ** IndusInd Bank  INBK.NS  and Bandhan Bank  BANH.NS  also
rise post quarterly results, up 1.7%-12.7% 
    ** Nifty mid-cap  .NIFMDCP100  advanced 1% to hit a record
high and small-cap  .NIFSMCP100  added 1.2%, hovering near a
record high
    ** Analysts say share movement on the day is directed by
earnings and on positive sentiment in global markets 
    

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))