Synopsis
After months of relentless rally, last week mid-cap stocks witnessed some correction. Will this correction last longer would become clear in the coming few weeks as the earning season gets kicked off, analysts are bullish on select midcap stocks which have seen their score improving. Stocks from sectors like financial services, logistic are on the list. 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.
For the last five months midcap stocks have been on a tearing rally. Except for a short but sharp correction last week. Some of these stocks were witnessing a rally because their Q1 results had been better than what the street had been expecting. But a large number of them have been moving because of the fact that flows to equity markets, both from domestic and international investors, have been extremely high. Though one would have to review
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