Scales tilt in favour of blue-chip stocks; analysts expect 8% rise in 2018

Broader markets have attracted many investors in the last few years, thanks to the stellar returns given by some of the stocks in the universe. However, 2018 could be the year of blue-chip stocks if brokerage estimates were to go by. Analysts are predicting an average eight per cent upside for the Sensex stocks against three-four per cent growth for the BSE mid- and Small-cap indices.

Broader market indices have outperformed Sensex for the last four years thanks to a surge in portfolio flows chasing alpha stocks. However, scales have tilted in favour of large-cap stocks in the last two