Mid-cap stock picks: These mid-cap stocks with ‘strong buy’ & ‘buy’ recos can rally over 35%, according to analysts
[hfe_template id='11223']
[ad_1]
Synopsis After five months of cooling off in the mid-cap segment, can we say valuations are fairly priced? The answer is no. But does it mean that we should avoid this segment? The answer is, again, no. The reason: We are at a stage where, rather than broad-brushing, it is better to adopt a sector-by-sector and stock-by-stock approach. If the Nifty and market breadth stay positive in the coming trading sessions, it is likely we will see mid-caps gaining strength. It may also probably signal the end of this phase of correction. In the short term, stock prices are impacted by events and the narratives built around them. Over the next few weeks, it will be about how things pan out on the India-Pakistan border. The fact is that, apart from guesses and speculation, no one has and will have any idea on what will happen or when. There is another narrative: Developments in the global markets. However, stock prices and the absolute value of stocks...