Indian markets are experiencing indecision and rising volatility. Analysts highlight key levels for Nifty. A close above 25,900 could boost the index towards 26,300. Conversely, a break below 25,500 may signal further declines. Traders are advised to await clear direction. Top stock picks include Canara Bank, Tech Mahindra, Rail Vikas Nigam, Bank of India, and Ultratech Cement.
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.