Reliance, top banks power India`s stock benchmarks to one-year highs

Oct 17, 2025, 13:01 GMT+7
Reuters - India's stock benchmarks Nifty 50and Sensexrise 0.7% each, hitting one-year highs, led by Reliance, HDFC Bank and ICICI Bank ahead of their results
** Fourteen of the 16 major sectors advance; broader smallcapsand midcapsgain 0.3% and 0.1%, respectively
** Reliancejumps 1.4% ahead of its September quarter results due post market hours
** HDFC Bankup 1% while ICICI Bankgains 0.8%; both private lenders report on Saturday
** ITbucks the trend, dropping 1.1%, dragged by Wiproand Infosyson margin concerns despite reporting better-than-expected revenue for second quarter
** "Expectations of an earnings rebound and falling crude oil prices have aided investor sentiment," says Siddhartha Khemka, head of research of wealth management at Motilal Oswal Financial Services
** Among stocks, Asian Paintsjumps 5%, helped by fall in oil prices to five-month low; oil is a key raw material for paint makers

Sumber : Reuters