Transformation underway & no tariff threat: 6 large-caps power stocks with an upside potential of up to 36%

With Trump announcing tariffs to the extent of 50% on India – the highest in the world, and on par with Brazil – analysts are left wondering about how the market will behave in the coming days and weeks. The deep plunge and subsequent recovery today (Thursday) suggests that the markets still have hope that finally all what is being said will not get implemented in real terms and sanity will prevail. But, till clarity emerges (or an India-US trade deal is finalized), it is perhaps time for investors to target domestically-focused companies and sectors. While there are many, the power sector fits the bill perfectly – and not just because it is unaffected by tariffs.