Indian markets are watching a strong US stock rally. Investors are focused on upcoming company earnings and the US Federal Reserve’s interest rate decisions. The market is at high valuations, making earnings crucial for future gains. The first week of November is historically positive for stocks. AI investments are a key theme, with companies announcing spending and investors seeking returns.
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