The National Stock Exchange (NSE) announced strong financial results. The consolidated profit after tax reached ₹2,924 crore in the June quarter. This represents a 10% increase compared to the January-March quarter. Revenue from operations also saw a rise, climbing 7% to ₹4,032 crore. The growth was fueled by increased trading volumes in both the cash market and derivatives segments.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may