Beating Volatility: 4 largecap stocks from different sectors with upside scope of up to 16%

Once again the US banks are at the center of a storm in equity markets. In such times, a few mid-cap stocks have been able to keep their head above water. They have been able to rise marginally in a market where the majority of stocks have been coming under pressure. Which makes it worthwhile to have a look at them. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

These large cap companies have shown an improvement in their SR score at a time when bears are ruling the street. All thanks to global developments, market breadth and all other market parameters have moved back into the correction zone. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

After two weeks of straight up move, bulls are taking rest, nifty witnessed a small phase of volatility but the bias of that volatility was still bullish, clearly indicating that the equation is still in favor of bulls. These stocks have seen their score improvement and have moved out of negative territory over the last one month. Besides others, there is an Adani group stock which moved out of the negative score zone. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

In the last one month nifty and sensex have corrected. But the sentiment has not corrected as the broader market is still in the control of bulls. But as they say volatility comes without any prior notice, so it would be better for oneself to be prepared and probably if one is thinking of taking exposure, staying with large caps might be a better idea. Coming on the list is a cement major and Auto ancillary company which has recently opened two dedicated plants for supplying part of electric vehicles to OEM’s. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Stock market live updates: Broader markets, too, inched higher in trade as Nifty Midcap 100 and Nifty Smallcap 100 indices surged up to 0.7 per cent

The SGX Nifty hinted at a flat start for domestic indices BSE Sensex and NSE Nifty 50. Here's a look at the key things to know in trade before the market opens.

Textile is one of the oldest industrial sectors in India. However, right from labour issues to smaller Asian countries becoming more competitive in terms of cost of production, different segments of the textile industry have faced more headwinds than tailwinds in their history of existence. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.

After the last few weeks of correction, the broader market indices like nifty and sensex have been showing signs that bears will have to wait before they can make any serious attempt to control the street. Even the Samvat 2080 started with a bullish gap up opening in Sunday's special trading session. though it needs to be seen whether there is follow up in coming days. Being a truncated week of trading, volumes are likely to be low. So be cautious rather than being overtly bullish. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame.

Buy or sell stocks: Ruchit Jain of 5paisa has recommended two stocks to buy this week - Tata Chemicals Ltd and Max Financial Services Ltd.