Good news getting priced in faster, narrow range consolidation likely in medium term: Siddharth Vora

Siddharth Vora of PL Asset Management suggests caution in the Indian market. A sharp rally may lead to profit booking. Good news is priced in, limiting valuation headroom. IT and metals sectors perform well. Capital markets offer long-term growth potential. The firm maintains allocation to Radico. They are ready to exit capital markets if market structure changes.