Indian Markets Edge Up as ICICI Bank Shines on Strong Q1 Results

Indian Markets Edge Up as ICICI Bank Shines on Strong Q1 Results

The Nifty 50 index was up by 84.60 points at 25,053.00, while the Sensex was up by 329.05 points to 82,086.77.

Indian benchmark indices Sensex and Nifty saw modest gains today, rebounding from an initial flat open as investors reacted to policy signals from China and ongoing trade developments. The Nifty50 was up 0.27% at 25,037.00, and the Sensex climbed 0.36% to 82,064.14. Among the top performers on the Sensex were Zomato, HDFC Bank, and ICICI Bank, while Reliance Industries and HCL Tech were among the laggards. In the broader market, the Nifty Midcap 100 gained 0.45%, but the Smallcap 100 dipped 0.23%. Sector-wise, Nifty IT, PSU Bank, Pharma, and Auto all experienced declines, while Nifty Metal saw an increase. ICICI Bank's shares rose over 2% following a strong Q1 FY26 performance, reporting a 15.5% year-on-year rise in net profit, while JSW Steel also saw increased target prices from brokerages after its robust Q1 FY26 results.

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