Metal stocks experienced a dip in early 2026, with some declining up to 10% due to profit-booking and US tariff concerns. Despite this, market experts highlight strong sector fundamentals and favorable momentum, suggesting selective stock picking for potential upside. The Nifty Metal index saw a 3% weekly decline, though some analysts remain positive on the long-term outlook.
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