As Nifty and broader market continue in bullish mode with very minor corrective moves, the upward movement is being led by some heavyweights like Reliance and some of the pressure that banks were keeping on the Nifty has gone off. On the other hand, there are clear signs of profit booking in the broader market with market breadth not being as positive as it used to be. Making the list are financial services stocks which have seen a fall which was led by essentially one large private sector bank. Now they have reached levels where analysts are again positive on the long-term prospects. 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". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.
