For volatile & corrective phases: 5 large-cap stocks from different sectors for tactical investing with an upside potential of up to 33%

Even as the Nifty and Sensex move close to their all-time highs, they have been volatile – sometimes due to global developments, sometimes domestic. What needs to be watched, however, is whether the market breadth holds, especially as we approach the Q2 earnings season. It is probably time to be more cautious. Not because of geopolitical developments or changes in the F&O space, but because of expensive valuations. For, ultimately, it is earnings and valuations that matter on the street. So, maybe it would be better to be a tactical investor while infusing fresh funds in the market. At least for some time.