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Kotak Mahindra Bank announced strong provisional financial results for the second quarter ending September 30. The bank reported a 14.4% year-on-year growth in average total deposits, reaching Rs 5,10,138 crore, and a 14.6% increase in average net advances. Period-end net advances rose 15.8%, while CASA balances grew 11.2%. Following the announcement, the bank's shares closed 1.8% higher.
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Foreign Institutional Investors have pulled out Rs 1,98,103 crore from Indian equities in 2025. September alone saw Rs 27,163 crore exit. This selling trend has continued for nearly two years, totaling Rs 3,19,313 crore over 21 months. Analysts point to valuation concerns and global allocation shifts. Outflows may slow as valuations stabilize and corporate earnings improve.
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Despite the broader market's lackluster and somewhat volatile performance, nine small-cap stocks managed to post gains across all five sessions.
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