While he cautions that equities may face pressure and deliver subpar returns in the near term, he believes the current environment presents a rare window for bargain hunters to accumulate high-quality stocks at reasonable valuations.
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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