Sensex Today | Stock Market LIVE Updates: All the sectoral indices are trading in the green with Information Technology, Metal, Bank and Capital Goods up 1 percent each.
The Indian rupee closed stronger on Friday, supported by dollar sales from foreign banks, but snapped a two-week winning streak as a moderation in U.S. rate cut expectations and equity-related outflows weighed on the local unit earlier in the week.
Sensex Today | Stock Market LIVE Updates: HDFC Bank has registered a 2.5% sequential growth in net profit at Rs 16,372.54 crore for quarter ended December FY24, partly impacted by higher bad loan provisions. Net interest income grew by 4% QoQ to Rs 28,471 crore during the quarter.
The Indian rupee ended lower on Wednesday, pressured by likely equity outflows and as the U.S. dollar index rose to a more than one-month high on the back of moderation in U.S. rate cut expectations.
Sensex Today | Stock Market LIVE Updates: Among sectors, selling is seen in the IT, healthcare, power and realty names, while buying is seen in the metal, auto and capital goods names.