Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates
The Nifty Bank index rose more than 400 points on Monday as sharp gains in heavyweights HDFC Bank, IndusInd Bank and ICICI Bank outweighed a nearly 4% crash in Kotak Mahindra Bank shares after Q1 business updates.The Nifty Bank index rose to 58,376, gaining nearly 1%. The index snapped a two-session losing streak today.HDFC Bank Q1 business updateHDFC Bank shares were the top gainers on the index, jumping nearly 3% after India's largest private lender reported gross advances at Rs 30.61 lakh cr…
