Investors see chances for long-term gains as market corrections meet better earnings. Aniruddha Naha from PGIM India Asset Management suggests building portfolios over the next six months. Sectors like autos, commodities, and PSU banks show promise. Discretionary consumption may rise with pay commission revisions. Quick commerce valuations face a reality check.
Axis Bank Q3 results: PAT rises 3% YoY to Rs 6,490 crore, NII grows 5%
Axis Bank announced its December quarter results. The bank’s standalone net profit saw a 3% increase, reaching Rs 6,490 crore. Interest income also grew by