Indian equities closed higher as a strong earnings surprise from Infosys boosted risk appetite and lifted IT stocks, helping Sensex and Nifty hit intraday highs. However, profit booking capped gains by the close. Analysts flagged mixed global cues, sector-specific strength and cautious technical signals.
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