Retail-dominated Indian stocks have experienced significant declines, with top performers crashing up to 43% since June 2024. This sharp correction, particularly in stocks with high retail ownership, highlights the vulnerability of crowded trades when market momentum shifts. Several prominent companies across sectors like infrastructure, green energy, and IT have seen substantial losses.
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