strength when market bottoms. Of course, it requires much more reading and conviction building and hence should be taken only as a starting point. Here is how this list has been generated
1. Pick top 500 companies
2. Find list of companies which have fallen < 10% in last 3 months
Totally 61 out of 500 stocks.
This is how the sectors come up.
✍️Auto and Capital Goods stand out
✍️Do not ignore defence for sheer count as there are few companies in sector
✍️Next pocket looks like few beaten down sectors/stocks where may be value is emerging - FMCG, Pharma
List of stocks - Auto tops the list followed by capital goods, bank and financial, pharma and defense. Disc: I am biased towards auto n financials (keeping FII selling risk aside). Also, this is still a watchlist activity and I am not acting on it except being
invested in few auto n banking names. Please do your own due diligence. I am not a registered investment advisor and this is not a recommendation. Follow
@ScientificInve6 and our Youtube channel for more such analysis
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