Sensex and Nifty Open Lower Amid Bank Earnings and Rising Oil Prices
The BSE Sensex opened at 74,594.65, down 134.62 points (0.18%), and the NSE Nifty 50 opened at 23,096.85, down 49.30 points (0.21%) on Monday. Investors are assessing September-quarter earnings from HDFC Bank and ICICI Bank. HDFC Bank's profit narrowly missed estimates due to weaker treasury income and higher bad loan provisions, while ICICI Bank posted better-than-expected profits with stronger loan growth and lower provisions. Rising crude oil prices also weighed on market sentiment.
HT Business·

