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.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make