While it is always better to focus on what is happening to the individual stocks, there times it becomes “a must” before taking any decision. The reason, there is a possibility of greater divergence in how the broader market indices like Nifty and Sensex move and how the individual stocks and sector perform. A week before the election results, the way the market is panning out, it is clear that the street is working with the base case scenario of policy continuity. So, next we might see some sectors and stocks doing extremely well, while others may continue to be laggards. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
