Rahul Sharma of JMFICS has recommended an ‘Amrit Kaal’ basket of 16 stocks with up to 47% upside potential in 12 months. 14 stocks are large-cap Blue-Chips while 2 are ‘Dark Horses’.
He says the Nifty is not in a ‘Bubble’ mode at 25000 in view of the rise in earnings. However, he cautioned that Small & Mid-caps may underperform Large-caps and that investors may shift their portfolios towards large-cap stocks.
He also stated that the previous baskets such as the ‘Kalki Basket’, ‘OMC Basket’ and ‘F&O Basket’ have fared well with good returns to investors.
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