Expect sideways, range-bound market in coming months: Dipan Mehta

Dipan Mehta of Elixir Equities anticipates a sideways market trend in the coming months. He emphasizes stock selection across sectors. Earnings season has been disappointing with only 5.4% profit growth. Liquidity prevents market decline, but fundamentals don’t justify a rally. Nykaa’s impressive performance stands out in the BPC segment. High valuations remain a concern for growth companies.

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