scorecardresearchFrom ICICI Bank to Cipla: Here are Axis Securities' top largecap picks for May 2022

From ICICI Bank to Cipla: Here are Axis Securities' top largecap picks for May 2022

Updated: 04 May 2022, 01:56 PM IST
TL;DR.

Inidna markets declined around 2 percent in the month pf April. Though some recovery was seen in the equity market after a major selloff on February 24, 2022, the trend is likely to be range-bound moving forward, Axis Securities said in a recent note. During the month, Commodities, Energy, Auto and FMCG indices performed well while the IT and Media indices reported a significant decline. Going ahead, macroeconomic factors and Q4FY22 earnings commentaries will play a pivotal role in driving the market fundamentals moving forward. Let's look at Axis' top largecap picks for May: