scorecardresearchKotak Top Picks: These 7 stocks can surge up to 50%

Kotak Top Picks: These 7 stocks can surge up to 50%

Updated: 08 Jul 2022, 11:04 AM IST
TL;DR.
The domestic market witnessed major selling pressure in the month of June largely due to rising inflation and interest rate hike by various central banks. In a recent Note, Kotak Institutional Equities stated that going ahead, it believes inflation would be the key driver to monitor to decide the trend, coupled with, narrowing yield gap between bond and equities, to make investor feel about market bottoming. It added that caluation are not attractive enough currently as most of the growth stocks are trading at expensive valuations and markets will now focus on Q1FY23E earnings and management commentary. Let's take a look at its top picks for July: