For investors who have ability to think beyond quarterly results: 6 large-cap stocks with an upside potential of up to 31%

One indication that the US Fed is fine with changing its stance on interest rates was enough for the entire sentiment of the US market to change. Before the speech by Federal Reserve Chairman Jerome Powell hinting at a rate cut, the US market was under pressure because there was a feeling on the street that AI has not been as useful as it was expected to in improving corporate profitability. This led to a sharp drop in all AI related stock. For the Indian market, an event awaits on August 27. But events pass, and those thinking long term emerge winners.