AU Small Finance Bank reported steady Q4 growth with deposits rising 23% year-on-year to Rs 1.52 lakh crore and advances increasing 25%. Despite strong operational performance, the stock has declined amid broader weakness in banking stocks, FII outflows and macro pressures linked to rising oil prices and geopolitical tensions.
Market Wrap: Sensex ends flat, Nifty holds 24,050 as Iran-US conflict keeps optimism in check
Sensex gained a mere 1 point to end at around 77,187, and Nifty 50 dropped around 6 points to close at nearly 24,073 on Thursday.