Top Picks And Investment Strategy For July- Q1 FY22 Earnings Commentary Critical: Axis Securities
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Axis Securities Report
Axis Top Picks basket has delivered an excellent 82% return since its introduction in May 2020 (3% in June 2021), beating the Nifty return of 1%.
While Nifty returns stayed limited, the broader market continued to outperform the benchmark, indicating significant market strength.
Macroeconomic news flow was mixed with inflation rising ahead of estimates.
Covid-19 cases have continued to decline at a healthy rate and the vaccination drive has taken off.
Meanwhile, new Covid-19 variants such as Delta plus continue to pose threats to the economic recovery which has already been hampered by lockdowns.
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