On January 16, six stocks from the NSE large-cap universe appeared in the RSI Trending Up scan, based on data from StockEdge.com. An RSI move above 50 from below is considered an uptrend signal, reflecting strengthening momentum and growing bullish sentiment, which traders monitor to spot potential buying opportunities.
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