India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap stocks are showing wider engagement even as they lag in market performance. While the NSE 500 reflects enhanced market breadth, individual stock gains are waning, presenting investors with a challenging environment requiring careful selection amidst higher valuations.
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