What is different about the current volatility on the street – especially in the last 10 sessions – is that it has been limited to a part of the large-cap space. That too in select stocks with high FPI exposure. The probability of further selective correction cannot be ruled out given that the Q2 earning season has been kicked off by TCS. Stocks of companies that report better results and show improvements in their business operating matrix will weather the storm better. The selected stocks on our list depict a strong upward trajectory in their overall average score which is based on five key pillars – earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
