Nvidia, valued at $4.3 trillion, could surpass India’s Rs 5.21 trillion equity market if shares hit $240. Driven by AI chip dominance, the stock has surged 1,400% since 2022. Analysts remain bullish ahead of Q2 earnings, with China growth and AI demand in focus.
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.