Smallcap: Mahindra CIE, PNC Infratech among top picks by Axis Securities for up to 28% upside
Axis Securities believes that the broader market may see some time correction in the near term while flows are likely to shift to largecaps. However, it believes the long-term story of the broader market continues to remain attractive
The broader markets, midcap and smallcap indices, outperformed largecaps by notable margins in the month of August 2023. During the month, sector rotation was visible in the market in which media, IT, and pharma indices delivered positive returns while banks, financial services, energy, commodities, and PSU banking indices witnessed weakness.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started