Axis Securities picks top mid and smallcap stocks for July; Take a look

After a poor show in June, Indian markets are likely to remain ragebound in July. According to a recent report, Axis securitirs said that it is continues to remain positive on the long-term outlook of the market. It believes, though aggressive policy tightening will help in curbing inflationary pressure, persistently elevated oil and commodity prices would continue to pose challenges to the market multiple in the next few quarters. ‘Growth at a Reasonable Price’ is an emerging theme that provides good long-term risk rewards in the current market environment, it added. Let's take a look at its top mid and smallcap picks for July: