Indian stock markets closed lower on Thursday. This happened after a day of fluctuating gains and losses. Investors were concerned about US President Donald Trump’s new tariffs on Indian exports. The Nifty and Sensex both experienced declines. Market volatility increased, indicating caution among traders. Experts suggest that rallies may face resistance due to various economic factors.
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.