Indian markets outperformed most global peers in July
Updated: 02 Aug 2022, 09:57 AM IST
TL;DR.The Nifty rose 8.60% in July, from 15,799.10 to 17,158.25 points. Furthermore, it has risen 13 per cent since its June 15 low of 15,183. In the same time frame, Sensex has gained 8.56%. The month of July was the best for the markets since August 2021 and November 2020, respectively.
Private sector banks posted 47.2 per cent year-on-year (YoY) growth in net profit in the April-June quarter on a sharp fall in provisions and contingencies.