What’s happening in one sector should not be taken as a sign of what’s happening in the market. But if it is banking and PSU banks that are under pressure, then the chances are high that the market might see more volatility in the short term. So, in the extreme short term, it would pay to be cautious and keep some powder dry and focus on buying for the long term. Our selected stocks for the day 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.
