Indian equity markets are experiencing foreign investor outflows, driven by global asset reallocation rather than weak fundamentals. Market expert Sandip Sabharwal suggests this trend is temporary, with underlying corporate performance showing stability and even improvement, creating buying opportunities in select stocks.
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