Indian stock markets are showing strong performance this festive season. The Nifty50 is nearing 26,000, driven by positive historical trends during Muhurat trading. Analysts expect continued gains, particularly in midcap and PSU bank stocks. Auto and realty stocks are also recommended for short-term traders. Specific stock recommendations include KANSAINER and RADICO.
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