Among stocks, IndusInd Bank jumped by 7.6 per cent to Rs 910.95 per share while ICICI Bank moved up by 5.2 per cent and HDFC Bank by 2 per cent.
However, Bharat Petroleum Corporation gained by 1.9 per cent while Tata Consultancy Services, Infosys and HCL Technologies were up by less than 1 per cent each.
The growth was aided by one-off stake sales in ICICI Lombard and ICICI Prudential Life. Net interest income increased by 20 per cent to Rs 9,280 crore in Q1 FY21 as against Rs 7,737 crore in Q1 FY20.
Kotak Mahindra Bank dipped by 0.9 per cent, Axis Bank by 0.8 per cent and IndusInd Bank by 0.6 per cent. The others which lost were ONGC, Adani Ports, NTPC, Larsen & Toubro and Bajaj Auto.
Among stocks, metal major JSW Steel rose by 4.5 per cent to Rs 192 per share while Tata Steel rose by 4.4 per cent to Rs 319.70 per share and Hindalco by 3.2 per cent.
All sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank up by 3.1 per cent, PSU bank by 2.6 per cent and financial service by 1.3 per cent.
Net non-performing assets reduced by 26 per cent from Rs 13,577 crore at March 31, 2019, to Rs 10,114 crore at March 31, 2020.
New Delhi: India’s largest private sector lender ICICI Bank said on Saturday its profit after tax grew by 26 per...
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