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Indian Markets Open Higher with Financial Sector Leading Gains

share-iconThursday, January 02 comment-icon1 month ago 12 views
News sources:
reutersREUTERS
Indian Markets Open Higher with Financial Sector Leading Gains

Credited from: REUTERS

  • India's benchmark indexes saw a marginal increase on January 2, driven by the financial sector.
  • The Nifty 50 rose by 0.22%, reaching 23,795 points, while the BSE Sensex gained 0.24% to 78,703.82.
  • Financials advanced by 0.4%, with private banks also showing growth of 0.5%.
  • Analysis from Jefferies and Citi indicates potential easing of asset quality pressure for financials in 2025.
  • Kotak Mahindra Bank topped the Nifty 50 with a 2% rise after being upgraded to "buy" by brokerages.

For more details, visit the original article at Reuters.


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