Foreign investors heavily sold Indian equities in August, withdrawing over ₹80,000 crore in July and August combined. Financial services faced the brunt, with ₹9,817 crore offloaded in the second half of August, following ₹13,471 crore earlier. IT stocks also experienced sustained pressure, with FPIs selling ₹4,905 crore in the latter half after an earlier sell-off.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong