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Dipan Mehta prefers Yatra over Ixigo, sees opportunity in new-age consumer stocks
Dipan Mehta, Director of Elixir Equities sees online travel platform Yatra as a better bet than Ixigo due to reasonable valuations and strong growth in corporate travel. He expects AI-led changes to create clear winners and losers in the IT services sector over the next few quarters. In FMCG, Mehta prefers new-age consumer brands like Nykaa and Honasa Consumer, citing faster growth and stronger positioning than traditional players. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Gainers & Losers: Tata Technologies, Meesho among 5 big movers on Tuesday
Indian markets closed lower amid selling in financial, consumer and realty stocks. Key movers included Voltamp’s sharp fall on weak results, while Tata Technologies, CAMS and Sobha gained.
Q4 Results Live Updates: Tata Tech gains most since listing; CAMS up 6% ahead of earnings call
Q4 Results LIVE Updates: Today is an important day when it comes to results as two big Nifty 50 constituents will be reporting their results today and those are Larsen & Toubro, and Mahindra & Mahindra. For L&T, the company's West Asia exposure and commentary on the same will remain a key talking point, while M&M's demand outlook will also be watched by the street. Along with them, stocks like Hero MotoCorp, Coforge, SRF, Marico, United Breweries, Ajanta Pharma, PNB, Raymond and Shoppers Stop will also be reporting their results today. Follow for all the LIVE updates.