BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Axis Securities Report
Axis Securities top picks basket delivered an excellent 9% return in July 2021, beating all major benchmarks by a significant margin.
Our top picks basket has delivered ~100% (99.24% to be precise) since its inception in May 2020.
Even as the broader market continued to outperform, July month witnessed trends similar to those in the prior months with Nifty showcasing limited returns.
Nonetheless, the benchmark Nifty index hit a new high during the month with the July high being 4% higher than the February 15th high, which stands significant.
The sectors that delivered excellent returns during the month were real estate,, metals, and IT.
Other sectors, however, were a mixed bag.
The banking, financial services and insurance sector has been sideways since the second Covid-19 wave.
Click on the attachment for the full list of Axis Securities' stock picks for August:
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
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