Dipan Mehta suggests that the market’s consolidation follows the RBI’s positive policy move, anticipating improved corporate earnings due to lower tax rates and a potentially better monsoon. The market’s future hinges on the outcome of the US-China trade talks and potential tariffs. Mehta emphasizes a shift towards selective stock picking as market movements become more narrow.
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Selectivity is key as markets enter narrow, range-bound phase: Dipan Mehta
