Investors brace for a significant week as major companies like Alphabet and Amazon release earnings. A key US jobs report is also due. Following Microsoft’s earnings miss, market watchers are keen to see if other tech giants can meet high expectations. The Federal Reserve’s stance on interest rates will also be closely observed.
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.