LIC has raised its stake in Tech Mahindra to 10.84% despite a 10% YTD stock decline, signaling confidence in the IT major’s long-term growth potential amid weak global tech spending.
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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