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✦Reported by The Economic Times

Stocks to buy: Axis picks 7 largecap stocks with upside potential of up to 44%. See full list

Stocks to buy: Axis picks 7 largecap stocks with upside potential of up to 44%. See full list
Source: The Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Dalal Street fell for eight consecutive weeks, marking a record loss streak.
  • ✓Amid this sharp correction, Axis picked 7 largecap stocks with upside potential of up to 44%.
  • ✓The brokerage said these firms have robust value.

Story at a Glance

Category
MARKET
Reported By
The Economic Times
Reading Speed
2 Minute(s)
Market Focus
India Economy

The Indian stock market has just set a record, but not one investors hoped for. Dalal Street has logged losses for eight consecutive weeks, surpassing the streaks seen during the 2020 Covid-19 crash and the 2008 global financial crisis. Axis has picked 7 largecap stocks that have robust value after the sharp correction.

With a price target of Rs 2,530, the brokerage has implied an upside potential of 44% from current levels. It is an Indian multinational telecommunications company operating in 18 countries across South Asia, Africa, and the Channel Islands. It is India's second-largest telecom operator, boasting a strong domestic presence and a comprehensive digital services portfolio that includes fibre optic networks, mobile and desktop telephony, and other digital solutions.

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Stocks to buy: Axis picks 7 largecap stocks with upside potential of up to 44%. See full list | ArthNow