Axis Securities

Nifty Metal has dropped 8.53% in the past month due to global risk factors and profit-taking. Axis Securities maintains a positive outlook, suggesting a 'Buy on Dips' strategy as supply limitations and domestic demand support the sector despite current valuations.

Among stocks to buy, Axis Securities recommends Kirloskar Oil Engines, Blue Star and Astral. The stocks are expected to reach their targets in 3-4 weeks. Here is the rationale:

Among the top stocks to buy, Axis Securities recommended HDFC Bank, Bajaj Finance, Bharti Airtel, Avenue Supermarts, State Bank of India, Max Healthcare, Kirloskar Brothers, Kalpataru Projects, APL Apollo Tubes, Mahanagar Gas among others.

Axis Securities forecasts Nifty could reach 25,500 by March 2026, driven by long-term growth factors. They recommend maintaining liquidity for market dips and investing in high-quality companies. Near-term risks include trade policy uncertainty and currency depreciation.

JTL Industries share price target: Axis Securities has set a target price of ₹111 per share, suggesting a 10 per cent upside from its current market price of ₹101.

Axis Securities forecasts Nifty could reach 25,500 by March 2026, driven by long-term growth factors. They recommend maintaining liquidity for market dips and investing in high-quality companies. Near-term risks include trade policy uncertainty and currency depreciation.