These large-caps have ‘Strong Buy’ & ‘Buy’ recos and an upside potential of more than 25%

It is often said the market tends to revert to its mean. That is about the stock market moving down to catch up on its averages, But in the last few years, the scenario has been different. The market moves to a new high, stays in range-bound mode, and then moves higher – making a new mean higher than the previous one. There will be phases when the markets will correct, and if one is looking to deploy fresh money, it would be better to put a major chunk into large-caps as there is still valuation catch-up which is likely to happen in this space. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy". The screener applies different algorithms for all BSE and NSE stocks.