Arvind Sanger of Geosphere Capital Management suggests that Indian equity markets may have bottomed out despite global recession concerns. He highlights India’s resilient domestic economy and demand-led growth as factors contributing to its stability amidst trade tensions and policy ambiguity in the West. Sanger favors large-cap, domestic-focused, high-quality stocks in the current volatile global environment.
High deposit costs a drag on Bank of Baroda’s Q4
Net interest income-difference between interest paid to depositors and interest earned on loans-fell nearly 7% YoY to ₹11,020 crore in the fourth quarter. NII climbed