Indian stock markets opened lower this week as global geopolitical issues impacted investor sentiment. The Nifty 50 fell below 25,200. Analysts suggest that dips present fresh buying chances. Banking stocks, particularly Axis Bank, are showing strength. HDFC AMC is also poised for upward movement. The market outlook remains constructive with a buy-on-dips strategy.
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