In comparison, about 63% of Nifty 200 stocks and nearly 57% of Nifty 500 are above their 200-day EMA, indicating lack of activity in the broader markets. Hence, the recent optimism in the market appears rather lopsided, experts said.
Trendlyne’s consensus estimates identify 10 BSE large-cap stocks with potential upside of 25% to 37% over the next 12 months. HDFC Bank and HDFC Life
In a surprising turn of events, nine out of the top ten firms reported a significant boost in market valuation. Leading the charge was Bajaj
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