One segment of the market which got another big push in the market after the election results have come has been the mid-cap segment. Both at the index land and breadth level mid-cap which were already out-performing got a push. While there is nothing wrong in being bullish given the fact that policy continuity is the next theme on the street. However, keep some check and balance while participating in this phase of the rally. The reason is the valuations are not cheap and any small profit booking correction may lead to sharp correction in individual stock prices. 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.
