Started nibbling on financials; pharma looks good to buy: Jyotivardhan Jaipuria

Market expert Jyotivardhan Jaipuria predicts market consolidation and improved valuations. Government spending and good monsoons will boost the economy. The recent CRR cut will inject funds, improving earnings. Jaipuria recommends focusing on financial and pharmaceutical stocks. Global markets are watching for policy changes under the new US president. Steel faces challenges from China's slowdown.