The first indication of what might be in store for the world when the new US president takes office in January 2025 came with the word “tariff” on Tuesday. But the way the Nifty recovered on Wednesday, it is clear that the bulls are on the comeback trail. However, with valuations still high, the street is likely to be in stock- and sector-specific mode even in this phase. If one looks at FII figures, unlike in the past two months – when they were only keen to sell – they are now buyers on the street on some days. 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.
