Three Out Of Four Stocks Still Show Upside Despite Market Rally

As Indian markets continue their rally, the benchmark index Nifty 50 closed at a record high on Thursday. Consequently, the proportion of stocks trading without any estimated upside has risen to one in four.According to Bloomberg data, over 25% of stocks are currently trading above their twelve-month consensus target price. Notably, NBCC India Ltd. shows the largest expected downside of 79%, having surged more than threefold over the...