As NIFTY stays in volatile mode with a bearish bias, the fear that small caps may also come under sharp selling pressure is also increasing. The market breadth and volumes in the small caps segment is clearly indicating that fear. However, small cap companies which operate in niche products and services or have brands with strong market share tend to get the attention of the market even when overall small cap is under pressure. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy".
