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Multi Asset Strategy And Top Picks For November: Axis Securities

Multi Asset Strategy And Top Picks For November: Axis Securities

<div class="paragraphs"><p>A frozen KitKat dessert is served during a media preview. (Photographer: Tomohiro Ohsumi/Bloomberg)</p></div>
A frozen KitKat dessert is served during a media preview. (Photographer: Tomohiro Ohsumi/Bloomberg)

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

  • Covid-19 Update: India’s vaccination drive further picked up in October 2021 and crossed a mark of 100 crore doses, a great milestone for the country.

  • High-frequency indicators: Manufacturing Purchasing Managers Index expanded further in Oct-21 with buoyant manufacturing activities driven by strong demand ahead of the festival season.

  • Equities: The mid cap and small cap indices were largely flattish during the month while the Nifty Next 50 declined marginally.

  • Fixed Income: The Reserve Bank of India kept the policy rate unchanged in Oct-21 monetary polciy committee and maintained the accommodative stance.

Click on the attachment to read the full report:

Axis Securities Multi Asset Strategy-November-2021.pdf

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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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