Sentiment is bullish, not only at levels of Nifty but also at the level of market breadth. However because valuations are at elevated levels, it is important to be selective while being bullish. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
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