Home » Economy » Latest Indian Stock News: HDFC Bank Results and Middle East Tensions Impact Market

Latest Indian Stock News: HDFC Bank Results and Middle East Tensions Impact Market

by Alexandra Hartman Editor-in-Chief

2023-10-16 04:20:44

Indian stocks opened slightly lower on Monday, amid declines in global markets and rising oil prices on nervousness over escalating violence in the Middle East, as investors awaited results quarterly reports from HDFC Bank, India’s leading private lender.

The NSE Nifty 50 index was down 0.18% at 19,715.25 at 9:15 am IST, and the S&P BSE Sensex index was down 0.20% at 66,132.68. (Reporting by Bharath Rajeswaran in Bengaluru; Editing by Varun HK)

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