Be bullish, but apply more macro checks and balances: 6 mid-cap stocks from different sectors with an upside potential of up to 49%

This is a corrective phase sparked by fears of a slowdown in earnings. And it is now accompanied by two major headwinds: One, rising oil prices; and two, higher US bond yields. In this scenario, you can well question the logic of looking at mid-caps stocks. So ask yourself this question: Will all the things bothering the market change the business outlook of the company whose stock you want to buy? Consider this: For oil companies that import oil and sell only in the domestic market, the rising rupee is an issue. But for oil companies that import oil, refine it, and then export it, it is much less of an issue. So, while the markets are volatile, try to understand the dynamics of the businesses underlying stocks and decide accordingly.