Shares of major NSE shareholders such as IFCI, IDBI Bank, State Bank of India and HDFC Life Insurance gained up to 3% after the National Stock Exchange’s IPO papers revealed them as selling shareholders in the offer-for-sale (OFS).
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major
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.
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