Down today, but they cannot be out in the long term: 7 stocks from the NBFC space, 5 with an upside potential of over 26%

While the broader market is witnessing sharp cuts, some sectors have been under pressure much before the current phase of correction began. NBFCs, for instance, have been under pressure for more than two years. Now, you may ask why you should look at a sector that was faring poorly even in a bull run. To answer that, you need to know the reason why they were under pressure. But before we get to that, remember: NBFCs are the backbone of the economy. In times like these, just make sure that you buy stocks of companies where promoters have a track record of dealing with both euphoria and depression on the street, and in the real business as well.