Market expert Dipan Mehta highlights selective opportunities in the IT sector, favoring new-generation companies like Persistent Systems over traditional players. He is positive on LG Electronics due to strong consumer sales and GST cuts. Mehta maintains a neutral stance on insurance but is very optimistic about the healthcare diagnostics sector, citing strong recent results and secular growth trends.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove