Domestic equity markets have been struggling to hold the momentum on the back of negative global cues led by rising inflation and recession worries. However, analysts suggest that traders can make money by initiating trades in select stocks on both sides. Based on their recommendations, here are some stocks which can deliver strong returns in the near term:
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility