The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel, the index shows signs of fatigue despite holding above its 20-week moving average. Traders should remain cautious, focusing on stock-specific strategies and protecting gains, as a decisive breakout is needed for a clear directional move.
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.
July 27, 2026