Wall Street strategists are advising a shift away from the dominant technology giants, suggesting investors buy into less popular sectors like health care, industrials, and energy for 2026. Concerns over Big Tech’s lofty valuations and AI spending, amplified by recent earnings reports, are driving this rotation.
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.