These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 26% (original) (raw)

The Economic TimesET Markets

Synopsis

The Nifty ending in red territory is nothing new, and in the current market investors must be ready to deal with volatility at any point of time. If it is sparked by global events, the initial part of any volatility will be led by large-caps. However, large-caps are also able to stabilize much before any other part of the market. But if the volatility is due to local reasons, then it is the mid-caps that come under pressure. So, If you are thinking of fresh exposure to the market it would be better to stick with large-caps. ET Screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

On Monday, the Nifty and Sensex saw an almost half-percent drop. This was expected given the gains they were sitting on in the last few trading sessions. But if you look at overall market breadth, it was not as bad as it used to be when the indices saw similar cuts in the recent past.Will the markets remain volatile? The answer is yes. These are the months – the last quarter of the calendar year – when markets have traditionally been volatile.

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