Volatility is an opportunity, just combine it with checks and balances. 5 mid-cap stocks from different sectors with an upside potential of up to 43%

Few trading sessions back, the street was focused on auto stocks. A small miss in Q2 earnings and the stocks would decline sharply. On Monday, however, when a large automaker announced lower-than-estimated Q2 earnings, the stock still moved higher. The reason: Future projections were positive. Now understand this: The stock’s upmove is a reflection of market sentiment and promise. The management narrative, even if overly optimistic, is about fundamentals. And it is fundamentals which deliver earnings. So whether the Nifty is at X or Y levels is of little relevance if one is investing. What matters is the business – specifically its earnings.