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    Top stocks to buy: Bet on companies with healthy net profit margins to remain versatile during uncertain market conditions

    Synopsis

    The markets are expected to rally if the election results align with expectations. Nonetheless, persistent macro issues and valuation concerns may constrain the upside potential. Analysts suggest that investors capitalise on the current volatility by accumulating quality stocks.

    Markets have seen a roller-coaster movement in May 2024. After losing 3% in the first seven trading days, the benchmark Nifty 50 index surged to its lifetime closing high on 24 May. However, it closed around 2% lower from its all-time closing high on 31 May 2024. Factors such as anxiety over Lok Sabha election results, FPI selling pressure, delays in rate cuts, and the ongoing geopolitical crisis in the Middle East spooked investors. However,
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    The Economic Times