These large-caps have ‘Strong Buy’ & ‘Buy’ recos and an upside potential of more than 32%

As always, this phase of correction has also been led by large-cap stocks. It will be no different in the future. Reason? FIIs have greater exposure in large-caps stocks. And when FIIs sell, it is large-caps that suffer first. But they also recover well. Amidst the current selling, when a large-cap pharma company and a private bank announced better-than-expected Q2 results, both saw sharp rebounds. If you take a long-term view, large-caps have a tendency to create wealth with a lesser draw down except in the initial phase of any correction – like the one we are seeing since the beginning of this month. 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.