With the major indices Nifty 50 and BSE Sensex showing upward momentum, several large-cap stocks have drawn bullish recommendations — with many flagged as having more than 28 % upside over the next 12 months.
The logic behind these picks: the window for strong earnings recovery is opening, and companies with solid balance sheets, healthy cash flows, and strong fundamentals are likely to benefit more as macro-risk recedes.
That said, the article and analysts also caution against over-enthusiasm. Even in a bullish market, profit-booking is bound to happen, and volatility — especially as indices near previous highs — remains a risk.
The recommendation: investors should stay selective — focusing on fundamentally strong large caps rather than chasing momentum — and treat any dips as potential entry points while keeping an eye on broader sectoral/ macroeconomic cues.
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