India on track to become stock-pickers’ market in June, brokerages say

The May series marked ​a shift in “market ‌character”, representing a transition from a short covering-led recovery to fresh positioning near higher levels   India is likely to become a stock-pickers market in June ​as local money moves selectively into certain sectors ‌while bearish bets by overseas investors limit broader ​gains, two brokerages said. The…