Indian market is set to consolidate, following sluggish global signals. S&P BSE Sensex & Nifty50 demonstrated negligible growth with a positive bent on Tuesday. India VIX inclined from 12.57 to 12.60 on Tuesday but still considered to have stable volatility. According to Chandan Taparia of Motilal Oswal Financial Services Ltd, “options data” indicate trading ranging 18150 to 18500. Sharekhan, an independent technical analyst and together with experts from BNP Paribas, also suggests the purchase of the stock of Balkrishna Industries, Mastek, ICICI Bank, among others.
Suryoday Small Finance Bank Q3 Results: Profit slumps 42% to Rs 33 crore
Suryoday Small Finance Bank reported a 42% YoY drop in Q3 FY25 net profit to ₹33.3 crore due to higher expenses and worsening asset quality,
January 23, 2025