Market downturns create buying opportunities through SIPs as they lower your average cost and enhance returns during recovery. Long-term investments in small and midcaps can yield higher returns despite short-term volatility. Consistent SIP investments and leveraging market cycles ensure long-term gains.
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.