Ramesh Damani, a BSE member, emphasizes that the bull market has resumed with public sector stocks, particularly in defence and construction, leading the way. He suggests focusing on domestic growth sectors like digital infrastructure and pharma. Damani highlights India’s resilience and advises against panic, stressing the importance of investing in appreciating assets for long-term gains.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.