In the recent correction phase – triggered by rebalancing by global funds moving money to China – only some Nifty stocks were severely hit. A majority of the large-cap stocks weathered the storm. The reaction to early Q2 results suggests that the street has both the scope – and the mood – to stay bullish this earnings season. But to be on the safer side, it would be better if investors focused on large-caps stocks – that too non-Nifty large-caps – for the next few weeks. ET Screener, powered by Refinitiv’s Stock Report Plus, lists 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.
