From Federal Bank to Sobha: Here are 15 top stocks picks by Angel One for June
Updated: 08 Jun 2022, 01:28 PM IST
TL;DR.The Indian markets extended their losing streak in May as the geopolitical conflict in Europe continues to impact the global economic growth. The continuous stress in the supply chains and rise in commodity prices has resulted in RBI aggressively tightening monetary policy to tackle inflation. In a recent report, brokerage house Angel One said that it expects continued improvement in economic conditions but high inflation and aggressive tightening by RBI will lead to earnings cut. However, it remains positive on the longer-term growth potential on the Indian economy but is cautious in the near term given multiple headwinds to the economy. Let's take a look at its top stock picks for the month of June.