Market expert Nischal Maheshwari shares insights on current market trends. He highlights growth companies and those ready for execution. Investors should be selective, especially in sectors with high valuations. Asian Paints is seen as a trading bounce. Healthcare offers earnings momentum but requires careful stock selection. Data centres present a nascent opportunity, with EPC contractors being a preferred play.
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.