Holding value even in volatile markets: 5 large-cap stocks from different sectors with upside potential of up to 33%

Up one day and down the other – and there is no dearth of explanations for each move of the market. Pretty much the same thing is happening this time. After a strong run-up, stock prices saw some correction and the market turned volatile. The first phase of any volatility is led by large-caps as they have high institutional holdings. This time, too, the first phase was led by stocks like Reliance Industries, HDFC Bank, and ICICI Bank. But over the long term, they tend to outperform, and the drawdown is lower. So, large-caps may at times appear to be underperforming – see it as an opportunity to look at some stocks with a long-term perspective. Especially ones where some fundamental positive developments have taken place.