Data-centre boom exciting but risky; focus on green energy and select banks, says Sameer Dalal

Indian markets are entering a stock-pickers phase, says Sameer Dalal of Natverlal & Sons Stockbrokers. He cautions against rushing into data-centre stocks due to heavy capex and uncertain profitability, while highlighting strong opportunities in selective green-energy plays and private banks. Dalal expects range-bound markets ahead, advising investors to focus on growth plus value rather than chasing broad index moves.