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Being bullish and cautious are not antonyms: 4 large-cap stocks from different sectors with upside potential of up to 41%

Being bullish and cautious are not antonyms: 4 large-cap stocks from different sectors with upside potential of up to 41%

BUSINESS TIMES

summary

Many times we hear on the street that indices and shares have gone so high that how high they can go, forget about it. Basically, the basic feeling is that since nifty and sensex have gone up now, they won’t go up again, so let’s not invest. This is probably the worst mistake you can make because there is this narrative at every level. When the nifty was 20,000, such an argument could be made, now at 24,000, such an argument can also be made, and when the nifty is much higher, the same argument will be made. You have to look at the bigger picture, there is no reason why you shouldn’t be bullish on India, but it does mean you shouldn’t be cautious when choosing stocks. So continue to be optimistic, remain cautious and invest in such a way that short-term profit-taking movements do not cause anxiety.

When valuations are high, volatility never makes itself felt, so you should always be prepared for it. The simplest reason is that volatility will raise one question as to whether someone is bullish and create doubt as to whether they made the right decision. However, if enough work has been put into selecting stocks, chances are you won’t feel anxious about market volatility. There is nothing else

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