The Nifty has given up most of the gains accumulated over the past couple of months and is now trading comfortably below its record peaks amid rising geopolitical tensions and persistent FII outflow. For India, the impact is more pronounced, as the prolonged tariff dispute with the US has heightened volatility and disrupted market momentum. However, PL Capital has added 4 stocks that could do well in the coming quarters, while removing 6 names from its high conviction ideas. Here’s everything you need to know.
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