Synopsis
Going with the assumption that the macro picture is turning bullish, it would be better to ignore phases of expected volatility. These will come and create panic in the short term. But things will get sorted out in the medium- to long-term. So, look for stocks with a long-term perspective and forget about the noise on the street. Our selected stocks for today 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.
Look carefully at what the indices and market breadth are doing at this point of time. On a day the Nifty and Sensex are down, the market breadth also suffers, but not by much. On a day the indices move up, market breadth is not only positive but all the mid- and small-cap indices also witness upward movement. This clearly indicates that the underlying trend and mood is bullish. Yes if there is any trouble in the global markets, then the Indian
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