From ICICI Bank to Cipla: These top stock picks by Axis Securities can see up to 44% up
Updated: 09 Jun 2022, 12:31 PM IST
TL;DR.May 2022 was a highly volatile month that witnessed notably mixed performance across sectors, market caps, and style indices. In a recent report, brokerage house Axis Securities said that going ahead, it continues to hold a positive long-term outlook on 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. Keeping these developments and overall weaker global cues in view, Axis expects the market performance to remain range-bound in the near term and has come with a list of top largecap stock picks for June.