Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 46%
While it is normally the done thing, there are some phases when it is important to de-link what is happening to the Nifty and the stocks in your portfolio. The reason: Given their composition, the Nifty and Sensex can be impacted by events in one or two sectors. At this point of time, while the overall trend is bullish, the market is moving into a stock-specific mode. It’s a sort of selective profit-booking that causes a divergence between the value of the portfolio and what is happening to the Nifty. 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.