Gold Exchange Traded Funds saw unprecedented inflows in December, reaching an all-time high. This surge has prompted market experts to recommend investors rebalance their portfolios. They advise aligning gold ETF holdings with individual asset allocation targets. For new investors, a gradual entry through systematic plans is suggested.
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.