scorecardresearchJune Stock Picks: These top mid and smallcap picks by Axis Securities can give up to 58% upside

June Stock Picks: These top mid and smallcap picks by Axis Securities can give up to 58% upside

Updated: 10 Jun 2022, 04:09 PM IST
TL;DR.
Broader markets underperformed benchmark indices in May, adopting a more cautious approach during the month. The Mid and Small Cap indices declined by 5% and 9% respectively while Nifty50 fell relatively less at 3% during the month. The mixed performance exhibited by sector and style indices points towards some degree of underlying change in the market regime, said Axis Securities in a recent note. It believes ‘Growth at a Reasonable Price’ is an emerging theme that provides good long-term risk rewards in the current market environment. It expects the market performance to remain range-bound in the near term and has come with a list of top mid and smallcap stock picks for the month of June with an upside of up to 58%. Let's take a look: