Aditya Birla Sun Life Mutual Fund is optimistic about Indian equities potentially hitting new peaks shortly. This positive outlook is bolstered by robust earnings growth and a stable rupee which are likely to propel market gains. Taking into account the current elevated valuations, a methodical approach to stock selection is vital.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew