Healthy corporate earnings and tepid trading among Asian markets, led to a volatile start for benchmarks in Indian markets today(26th Oct.2021). In early deals, the frontline BSE Sensex was trading at 61,387 levels, up 37 points, supported by Asian Paints, Dr. Reddy's Labs, and ITC. The Nifty50, on the other hand, was at 18,284 levels, up 16 points.
Among individual stocks, Axis Bank slipped nearly 4 percent amid profit booking after the private lender posted its highest-ever quarterly profit of Rs 3,133 crore, backed by robust growth in fee income and a sharp fall in provisions. Bajaj Finance was also down 3 percent on profit booking after Q2 consolidated net jumped 53 percent to Rs 1,481 crore for the quarter ended September on healthy interest income. Total income rose 19 percent YoY to Rs 7,732 crore.
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