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Business News›Wealth›Invest›Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential
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Synopsis
Stocks to buy: Identifying recently corrected stocks with good fundamentals can be effective in the current market. Moving averages help distinguish between stocks in correction and those in a bear trend. Stocks that have seen a recent correction and are fundamentally sound can prove good investment bets.
The pre-election anxiety coupled with high valuations, a likelihood of a delay in the rate cut and ongoing geopolitical crisis in the Middle East has intensified market volatility in the past few weeks. The India VIX Volatility Index retreated to 21.48 on 24 May 2024 after closing at 21.81 on 21 May 2024, which was the highest since September 2022. It surged over 111% in the last 23 trading days.Of the 2,700 listed companies with a market cap
BY
Sameer Bhardwaj
ET Bureau
12 mins read
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