Markets extended their winning streak for the fourth week, with Nifty up 0.33% and Sensex 0.31%. Optimism from strong earnings and trade hopes drove sentiment, though profit-booking and cooling indicators signal near-term caution.
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.