Dipan Mehta suggests that the market’s consolidation follows the RBI’s positive policy move, anticipating improved corporate earnings due to lower tax rates and a potentially better monsoon. The market’s future hinges on the outcome of the US-China trade talks and potential tariffs. Mehta emphasizes a shift towards selective stock picking as market movements become more narrow.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an