There was a time when the midcap segment of the market was one of the most vulnerable segments of the market. The reason, lack of participation by domestic institutional investors. In the last one year, things have changed dramatically. Continuous flows to midcap mutual fund schemes has ensured that even at a time when valuations are expensive, midcap as a segment is able to outperform. As on date, unless and until there is a sustained selling in large cap and that too due to global reasons, the probability of midcap continuing with their outperformance is high.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". This predefined screener is only available to ET Prime users.
