Indian shares experienced an uptick on Monday, mirroring the global market trends, although the overall gains were restrained due to uncertainties surrounding Donald Trump's trade policies and caution ahead of the forthcoming Union Budget.
The key S&P/BSE Sensex index rose by 170 points, or 0.2%, reaching 76,778, and the broader NSE Nifty index increased by 24 points, or 0.1%, to 23,227.
Wipro saw a significant boost, climbing 7.3%, as their third-quarter results for FY25 surpassed expectations.
Kotak Mahindra Bank surged by 9%, benefiting from brokerage upgrades in response to a strong third-quarter performance.
In contrast, Tech Mahindra showed little movement, with a sequential quarterly profit decline of 21%.
Jio Financial Services fell by 2%, with third-quarter profits remaining unchanged.
IndusInd Bank's shares dropped by 2% following the resignation of Gobind Jain from his position as Chief Financial Officer.
Additionally, Shriram Finance saw a decrease of 4%, and HDFC Life, Trent, and SBI Life fell between 1% and 2%.
The material has been provided by InstaForex Company -
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