We expect the weakness in Nifty to persist, due to the lack of leadership from heavyweight sectors such as Bank Nifty and IT, alongside the prevailing weak market sentiment.
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.