In the recent correction in the Nifty and Sensex, one thing has stayed in favour of the bulls – market breadth. It has been largely positive even on days when both indices corrected sharply. That is relative outperformance. This will, however, continue only if the broader market doesn’t see a sharp decline over a long period – especially due to global reasons. If there is global risk of trade, then the mid-caps could come under pressure. Under such conditions, analysts are bullish on very selective stocks from different sectors. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.
