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ru24.net
Economictimes.indiatimes.com
Декабрь
2024

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 32%

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After a few weeks of recovery, the Nifty and Sensex are again under pressure. Are we again back to what we witnessed in October? Not really. At that time, the Indian markets were singled out from among all the emerging markets and saw largescale FII selling. This time, the drop is more due to global reasons, primarily because the US Fed has indicated that the pace at which it is going to cut rates will be slower. Yes, this will have an impact on the pace at which risk on trade was expected to make a comeback. But this is another event which will eventually get adjusted over some time. On our list today are stocks that have witnessed a continuous rise in their score in the last one month. These stocks depict a strong upward trajectory in their overall average score. This 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.



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