Axis Securities has identified three stocks – Bank of India, Tata Steel, and HCL Tech – with strong technical setups for potential short-term gains of up to 19%. These picks are based on favorable risk-reward trends and recent chart breakouts, suggesting opportunities amid market volatility.
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.