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.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap