Following the US Federal Reserve’s rate cut, anticipation surrounds the potential return of foreign capital to Indian equities. However, high valuations in India and attractive opportunities in markets like China may temper inflows. While foreign selling has slowed, a significant turnaround hinges on domestic institutional investor activity and improved earnings momentum to shift FPI sentiment.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding