Dipan Mehta of Elixir Equities discusses the potential for soft quarters in the auto industry and advises managing expectations. He also highlights Paytm’s resilience despite regulatory challenges and expresses the need to be cautious about the cement sector. Mehta notes that private sector capex is focused on startups, batteries, semiconductors, and data centers.
Oil slides on Mideast respite, yen down as Japan govt loses majority
In Japan, the LDP which has ruled for most of the post-war years and junior coalition partner Komeito won 215 lower-house seats at Sunday’s election,