Dipan Mehta: Don’t call the bottom yet; here’s what to watch instead

Indian markets are currently dictated by US President Donald Trump’s pronouncements, overriding fundamentals and FII flows. Dipan Mehta of Elixir Equities warns of a tepid March and disastrous June quarter earnings due to the ongoing conflict’s collateral damage. He advises investors to upgrade portfolio quality and build positions in energy security and defense sectors for a post-war rally.