investment strategy: Defence stocks now expensive; time to be selective: Dipan Mehta
“I thought banks, NBFC would report higher and better numbers and lower provisionings, at least provisionings in line with their pre-provisioning profits, but that has not happened,” says Dipan Mehta, Director, Elixir Equities.
Are we at the peak of good news? A question which we have been pondering over last two days that are we at the peak of good news. Exactly a month ago we were at the peak of bad news. Tariff, we do not know. War, nobody knew which way it would move. FIIs were selling. Rupee was down. Today, as we look at the setup, there is only good news and there is no bad news. So, are we at the peak of good news and peak of the market because of that?
Dipan Mehta: Yes, of course, great deal of uncertainty is over and done with…
