Bank of Baroda’s stock surged 4.6% following a 23.2% increase in standalone net profit for Q2FY25. NII grew by 7.3%, and non-interest income surged by 24.2% YoY. Analysts provide varied ratings with emphasis on stable asset quality and challenges in growth projections.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on