Multi Asset Strategy And Top Picks For November: Axis Securities
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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.
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