Sensex, Nifty Modestly Higher In Early Trade; Top Banks Decline On Weak Q4 Results
From NASDAQ.: 2025-05-05 00:25:00
Indian shares traded higher on Monday, with the Sensex up 0.4% and Nifty up 0.5%. Tata Motors approved NCDs worth up to Rs 500 crore, while IRCON International won a Rs 458.14 crore order. Mahindra & Mahindra and Indian Hotels Company rose ahead of earnings. Marico reported 8% profit growth, but Kotak Mahindra Bank’s profit fell 14%. State Bank of India’s profit dropped 10%, and Avenue Supermart’s net profit fell 2%.
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