The Indian equity market remains cautious, with the Nifty 50 facing resistance. Dipan Mehta sees potential for a significant rally or correction, emphasizing strong optimism for midcap stocks offering alpha. He expresses caution on IT services’ long-term prospects despite potential trading rallies, while suggesting a steady approach to defense stocks.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly