Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates

July 6, 2026

The Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak Mahindra Bank. Investors reacted to first-quarter business updates, with HDFC Bank emerging as the top gainer after reporting healthy growth in advances and deposits.

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