India’s Nifty index extended gains for a second consecutive day, supported by strong buying in pharma, banking, and auto stocks. Analysts highlight positive short-term momentum, with key support at 25,150 and resistance near 25,500. Top stock recommendations include IDFC First Bank, Dr Agarwal’s Health Care, PNB, and Granules India.
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