Multi Asset Strategy Report: Axis Securities
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Multi Asset Strategy Report: Axis Securities

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

Diversification of assets for risk calibration

Covid-19 Update: The second wave in India is outpacing its spread than the last one with average daily cases crossing 2.3 lacs in April versus 34,000 in March.

High-Frequency Indicators deteriorating sequentially: Localized lockdown is translating into more time at home.

Equities: The month of April started on a gloomy note with announcements of lockdown-like measures, first, in the key state Maharashtra followed by other states in the country.

Fixed Income: Bond yields were volatile for the month and eased by 15 basis points in the first half of the month on account of rising cases and the expectation that monetary policy will remain accommodative for an extended period of time.

Gold: Overall investor sentiments have improved in the last few months

Currency: Indian currency was highly volatile for the month of April on account of the rise in bond yields in the first half of the month.

Click on the attachment to read the full report:

Axis Securities Multi Asset Strategy-May-2021.pdf

DISCLAIMER

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.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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