It is after a long period of time, that bears have finally made their presence felt on the street. Whether it is, large, mid or small cap market breadth in all segments witnessed a sharp decline. In such times, if one is looking to buy stocks it would be better to look at stocks where some developments have made analysts turn bullish on them. 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.
LTTS shares: Nomura India has reduced its target on the stock to Rs 2,980 from Rs 3,000. On Wednesday, the stock was up 3.09 per cent at Rs 4,189 on BSE. At this price, Nomura's target suggests a 28 per cent potential downside.