For risk takers with medium term perspective: 5 midcap stocks from different sectors with upside potential of upto 38%

For risk takers with medium term perspective: 5 midcap stocks from different sectors with upside potential of upto 38%
THE ECONOMIC TIMES

Synopsis

Contradictions are part of the market, but there are times when it is extremely important to understand how to manage those contradictions. What is the contradiction in the markets today ? Desire to buy and valuations. As the political dust settles and things go back to normal, desire to buy midcap stocks is once again high and the contradiction is that valuations which have been at elevated levels are inching only higher as the stock prices built in any positive news very sharply. The trouble is that if one does not invest then FOMO gets triggered and if one gets into stocks which are moving upward due to narrative then the risk of what happened in March this year becomes high for the portfolio. What is the solution, more check and balances, invest with a long term time frame so that in the corrective phase, there is no reason to sell in panic.

After a short period in which they moved in line with the broader market and stayed in range bound mode, mid-caps indices and stocks both are on roll once again. What is fueling this rally ? Two things, the amount of institutional money which is flowing into midcaps because of the fact that mutual funds schemes are being rolled out and a part of that money flows into midcap stocks. Another part which is more important is the overall desire to
( Originally published on Jun 18, 2024 )

To Read the Full Story, Become an ET Prime Member

Access the exclusive Economic Times stories, Editorial and Expert opinion

Monsoon Offer

Get flat 20% off

on ETPrime membership

Membership Benefits

Access the exclusive Economic Times

Stories, Editorial & Expert opinion

Complete Access with ET Prime

Experience your Economic Times newspaper, The way you've always liked!

Get to know where the market gurus invest & grow your portfolio.

Stock Report Plus

In-depth stock analysis for 4000+ companies

Stock Analyzer

Instant stock analysis based on Solvency, Profitability, Growth, Valuation, Momentum, Risk & More.

Now Available with ET Prime

Manage your money efficiently with this weekly guide.

Clean experience

with minimal ads

Easy & distraction-free reading with 90% less ads

Sharp Insight-rich,

In-depth stories across 20+ sectors

1500+ Exclusive stories & analysis across sectors to help you stay informed

Get One Year Times Prime Subscription worth ₹1199 for free

Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-

Enjoy unlimited access to breaking news and thought provoking stories from all around the world.

Get One Year Docubay Subscription worth ₹999 for free

Stream award-winning international documentaries from more than 100 countries.

Offers By Our Partners

Exclusively for ET Prime Members

Members Love Us

The stalwarts of the industry trust ET Prime for insightful analysis & unbiased thought pieces

Gift a story

Your membership includes Story Gifting Credits. Now gift exclusive stories to your friends & peers.

Comment & Engage

with ET Prime community

Communicate & build a connection with great minds of the industry

A trusted team of

Journalists & Analysts

Unbiased perspective & detailed reporting by our team of journalists who have in-depth knowledge and years of experience