For sustainable wealth creation, one moat is a must: 6 large-caps from different sectors with an upside potential of up to 46%

For the last couple of days, all eyes were on the US Fed and whether it would cut rates (it did, by 25 basis points), and more importantly what it would say in terms of outlook (it’s murky when it comes to further cuts). The uncertainty had caused FPIs to adopt a wait-and-watch approach, put the rupee under pressure, and reduced risk-appetite across emerging markets. Expect market volatility for some time before things settle down. And in such times, if you are seeking to increase exposure to the equities, large-caps are the better bet.