These large-caps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 29%

It might be a bit too early to say, but the way things panned out during Monday's trade suggests the worst may be over for the bulls. A typical bottom formation happens when the Nifty and large-caps are relatively stable, but the mid-caps are still under pressure. This is seen as exhaustion of big ticket sales on the street. While it is not a foolproof way of reading the situation, things have worked out this way in the past. In any case, corrections and consolidations are part of every bull market and we will continue to see them at regular levels. And if they are sparked by global events, they may be short time-wise, but in terms of magnitude they could be strong.ET Screener powered by Refinitiv’s Stock Report Plus lists down 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.