Trending news on stock market
Here are some of the trending news on stock market: · IndusInd Bank shares surge 12.6% in a week, top Nifty 50 gainer 1 : IndusInd Bank has been the best performer on the Nifty 50 index in the past week, gaining 12.6% and outperforming its peers. The bank reported a strong growth in net profit and net interest income for the September quarter, beating analysts’ expectations. The bank also improved its asset quality and capital adequacy ratio, indicating a recovery from the Covid-19 impact. · Paytm Q4 Results: Net loss narrows to Rs 168 crore, revenue up 52% YoY 2 : Paytm, India’s leading digital payments platform, has reported a significant improvement in its financial performance for the fourth quarter ended March 31, 2023. The company’s net loss narrowed to Rs 168 crore from Rs 2,597 crore in the same period last year, while its revenue increased by 52% to Rs 4,782 crore. The company attributed i...