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JSW Steel Q1 Results: The company reported a 30.89 per cent YoY rise in revenue from operations at Rs 37,500 against Rs 28,432 crore in the same quarter last year.

“If you are able to get loyal investors who continually keep investing and then there is a very lean period and then the fund makes a comeback, you end up being a beneficiary of the whole thing. That is why investors have not really ever got out of HDFC Fund in large numbers despite intermittent poor performance.”

The 30-share pack Sensex advanced 390 points to close at 56,072. Its broader peer, Nifty50, rose 114.20 points to close above the 16,700 mark. For the week, the benchmarks have advanced over 4 per cent. This is also the best week for the stock benchmarks since February 2021.

“I do not think there will be any negative surprises. We have seen the negative surprises coming from the IT pack, and it has already been factored in as the Street estimated it. The only negative surprise is in the large cap names.”

The Nifty Realty index closed 0.34 per cent up at 439.5.

Total income increased to Rs 2,844.1 crore from Rs 2,731 crore. Interest income of the lender jumped to Rs 2,514.4 crore from Rs 2,114.1 crore, Bandhan Bank said in a regulatory filing.On the asset quality front, the lender witnessed improvement as gross non-performing assets (NPAs) fell to 7.25 per cent of gross advances by June-end 2022 from 8.18 per cent by the year-ago period.

This brokerage expects NIM for the bank to decline 15-20 bps sequentially. "Key monitorable would be asset quality for the SME segment, another unsecured portfolio, and restructured book," it said.Emkay Global expects Kotak to report a 43.3 per cent YoY rise in profit at Rs 2,352.4 crore. It sees NII rising 16.4 per cent to Rs 4,589.90 crore.

​Analysts attributed the rise in copper prices to the raising of bets by participants.

“In terms of net addition, we added 24 people last year to our headcount and we are expecting a huge increase in Q2. We have a campus batch joining and we have a good joining pipeline and so we will continue focussing on adding people to sustain our growth.”

"Spot gold prices for 24-carat gold in Delhi climbed by Rs 594 per 10 grams in line with rising global gold prices and haven demand," said Dilip Parmar, Research Analyst at HDFC Securities.