Our base case assumption is that the recent reforms – both GST and banking – have reinforced the case for being bullish on India at a macro level. Yet, when valuations are high (as they currently are), the probability of volatility hitting the street is always high. So, be ready for volatility, while being bullish. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: 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.
