MUMBAI: Indian markets on Wednesday surged for the third straight session amid better-than-expected earnings and dropping infection cases. Bajaj Finance's net profit rose 42% to ₹1,347 crore in the January-March period from ₹948 crore a year ago, as per its exchange filing. ICICI Bank reported 260% surge in net profit while net interest income advanced 17%. NII growth was at 12.6% year-on-year (y-o-y), while net profit increased 18.2% y-o-y. Meanwhile, Maharashtra reported 66,358 new cases and 67,752 patients were discharged; Mumbai reported 4,014 new cases in 24 hours.

Source: Mint April 28, 2021 04:28 UTC