Adrian Mowat suggests that tariffs, higher than anticipated, have triggered global equity corrections, with uncertainty persisting. He believes the market hasn’t fully priced in a potential US recession caused by these tariffs. Investors should analyze potential investments’ sensitivity to US policy and assess valuations, as current Indian large-cap valuations may not offer sufficient cushion.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs
October 24, 2026