By Bharath Rajeswaran and Hritam Mukherjee (Reuters) -Indian shares reversed early gains on Monday, as broad-based profit-booking overpowered a post-results rally in top private lender HDFC Bank. The NSE Nifty 50 fell 0.

(Reuters) -Indian shares opened higher on Monday, led by top private lender HDFC Bank and IT major Tech Mahindra after their better-than-expected quarterly earnings. The NSE Nifty 50 opened 0.3%

HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong growth in deposits and loans.

HDFC Bank , India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday.

The shares of HDFC Bank surged as much as 3.03 per cent Monday as the markets reacted positively to the bank’s earnings for the second quarter of the current financial year (Q2FY25). As of 09:29 am, the shares of HDFC Bank were trading 2.