Global stock markets showed mixed movements on Monday. A strong rebound in AI-related stocks like Nvidia on Wall Street boosted Asian markets. Tokyo’s Nikkei saw significant gains driven by chipmakers. The Bank of Japan’s rate hike caused the yen to weaken against the dollar. Investors are watching inflation and interest rate policies closely.
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