The company’s gross non-performing assets rose to 2.41% of gross advances as of June 30, against 2.24% a year ago. Similarly, net non-performing assets increased to 0.89% from 0.78% a year ago.
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in
Markets staged a strong recovery on Thursday, led by banking stocks, as the Nifty rebounded from intraday lows. Analysts noted a positive technical setup at
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