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    Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 49%

    Synopsis

    It is after a long period of time that on Friday bears are visible in both segments of market, in the broader market like indices like Nifty and Sensex, but also in the broader market breadth. There is no major follow up in today's trading session, but given the fact valuations are expensive it would be better to still be cautious. In such times, stocks where there are some improvements in the business operating matrix that tend to weather the storm better. These 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.

    In bullish markets, the street tends to ignore valuations. But when the market corrects, like the way it did on Friday and is happening in some of the stocks which are related to project finance today it is only then there are some voices heard regarding valuations. It is important to take valuation in consideration as that acts as a cushion of comfort when the market correction takes place. Another important thing to note is that don't ignore
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    The Economic Times