
After just a day of profit-booking, the market again moved up, clearly indicating that the mood is bullish. Now, don’t think we are out to spoil the party by using words like “caution” and “high valuations”. But it does pay to be cautious in stock-selection even during bullish times. So, be selective, avoid impulsive investing, and keep reviewing your portfolio. Also: Stay away from stocks that are moving up due to some narrative or news flow. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: 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.