Cautious on largecap IT, metals; Zomato or Swiggy & Reliance can be portfolio bets: Dipan Mehta

Dipan Mehta, Director of Elixir Equities, expresses caution towards large-cap IT companies due to flat growth, suggesting mid-cap IT firms like Persistent Systems as alternatives. He remains cautious on metals but recommends exposure to food platforms like Zomato and Swiggy. While Reliance Industries lacks immediate triggers, Mehta considers it a portfolio essential.