Axis Bank on Thursday reported a tepid rise in its December quarter profits on the back of weak business growth, increased slippages and higher credit costs. The bank’s profit rose 4% on year to ₹6,304 crore, largely in line with expectations.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian markets closed lower for the second straight week, dragged by weak earnings, US tariff threats, and global uncertainty. IT stocks underperformed while Glenmark Pharma