Indian equities rally fourth day as Nifty hits 23,811 on strong earnings
The Economic Times reported that Indian equities rallied for a fourth consecutive session, with the Nifty 50 closing at 23,811, up 1. 58%, as several listed companies posted strong profit and revenue growth for the September quarter.
Earlier, Upstox reported a tenfold jump in Paytm's profit after tax to ₹225 crore in Q2 FY27 and highlighted Jio Platforms' upcoming listing on the BSE and NSE. The Economic Times noted that strong quarterly results from Reliance Industries and other major firms had lifted the Nifty and Sensex in preceding sessions, underpinning the recent rally.