Indian equity benchmarks ended higher on Thursday with the Sensex gaining 95.71 points or 0.16% to settle at 59,202.90. The Nifty gained 51.70 points or 0.3% to end at 17,563.95.

The broader indices ended mixed with the BSE MidCap index gaining 0.30% and the SmallCap index up by 0.01%. The top gaining sectoral indices on the BSE were Oil & Gas by 1.69%, Utilities by 1.66%, Power by 1.50%, Energy by 1.39% and IT by 1.20%. While the top losing sectoral indices on the BSE were Consumer Durables by 0.78%, Bankex by 0.59%, Capital Goods by 0.52%, Financial Services by 0.34% and Industrials by 0.31%.

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IndusInd Bank: The stock ended 4.80% lower on the BSE after the bank announced its July-September earnings. The results were driven by a healthy rise in loan disbursement and net interest income. Sequentially, the private sector lender’s net profit rose 11% from Rs 1,631 crore in the April-June quarter. Operating profit grew 10% year-on-year and 3% sequentially to Rs 3,554 crore.

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Asian Paints: The stock ended 2.26% lower at Rs 3,141.55 on the BSE after it reported a 32% year-on-year growth in consolidated net profit on Thursday. India’s largest paint company recorded a net profit of Rs 605 crore in the second quarter of the financial year 2022-23. Revenue was 19% up at Rs 8,457 crore. An interim dividend of Rs 4.40 per share was also declared along with the report.

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Canara Bank:  The stock opened with a negative gap, but ended 3.58% higher on Thursday after it reported a Rs 2,525 crore net profit for the quarter that ended in September (Q2FY23), an 89.5% hike against the previous corresponding quarter. The bank’s Net Interest Income (NII) surged 18.5% to Rs 7,434 crore and Net Interest Margin touched a nine-quarter high of 2.83%. Gross non-performing assets declined 6.37% from 6.98%.

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Metro Brands Limited: The share price fell 1.38% lower on the BSE after the company reported a 47% year-on-year growth in consolidated revenue during the quarter that ended in September. EBITDA grew by 51.9% to 147.1 crore and the margin witnessed an expansion of 1.10% to 30.9% in the year-ago quarter.

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Delhivery Limited: The stock ended 15.75% lower at Rs 471.15 after opening with a negative gap on Thursday. The company witnessed the largest decline since its listing and attributed the fall to weak spending by customers amid raging inflation.