In recent sessions, expanding market breadth bolstered bullish sentiment within India’s mid-cap segment. This confidence largely stems from expectations that the GST rate rationalisation will be implemented soon possibly by September 22 reassuring investors ahead of the festive season consumption rush. With uncertainty fading, select mid-cap stocks—particularly in consumer-oriented sectors—are gaining increased attention and positive momentum. Analysts have highlighted several names with “Strong Buy” or “Buy” ratings, projecting over 25% upside potential in the near term.

Though the full list of recommended stocks remains behind ET Prime’s paywall, the move signals growing confidence in mid-caps as drivers of future returns—especially as GST clarity removes headwinds around household and discretionary spending. Investors are closely watching how these dynamics play out, with many mid-cap counters poised to benefit from renewed demand as the festive season approaches.