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Июнь
2024

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 35%

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In the first trading session post the formation of the new government, it is bulls which can be seen on the street and bears after their one day adventure are sitting on side. If one looks at the composition of the Nifty and sensex, they can be impacted by movement in one or two sectors and that is probably the reason why it is important to de-link with what is happening in nifty and broader market indices. Given the way indices and broader markets have panned out, it is very likely that we are going to soon see the market hitting new highs. But will your portfolio value hit a new high is something which needs to be watched. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. 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.