Top Stock Picks For October – SBI, HCL Tech, Ashok Leyland And More: Axis Securities

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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’ top picks basket delivered market-beating returns of 4.5% during the month of September as the market breadth improved.

Our top picks basket has delivered an excellent 111% return since its inception in May 2020.

The mid cap and small cap index delivered 7% and 6% returns respectively in September 2021, beating the narrow large cap Nifty index by a healthy margin post under performing in August 2021.

The top performing sectors during the month were media and realty, while the energy sector, too, delivered double-digit returns.

All sectoral indices delivered positive returns in September 2021 except metals index, which declined by 2% on account of global challenges.

Click on the attachment for the full list of Axis Securities’ top stock picks for October 2021:

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