ADVERTISEMENT

Top Stock Picks, Investment Strategy For September - Style Rotation Holds The Key: Axis Securities

Top Picks, Investment Strategy For September - Style Rotation Holds The Key: Axis Securities

<div class="paragraphs"><p>An employee places a rough diamond in a sorting tray during the grading process at diamond processing and valuation center. (Photographer: Simon Dawson/Bloomberg)</p></div>
An employee places a rough diamond in a sorting tray during the grading process at diamond processing and valuation center. (Photographer: Simon Dawson/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

Axis top picks basket delivered a positive return of 1% during the month as the market breadth narrowed and high-quality large cap stocks outperformed the broader market.

The small cap index declined by 3% during the month and a significant divergence between the returns was observed between the top 50 and the rest of the market.

Interestingly, IT and FMCG were the top-performing sectors for the month with monthly returns of 13% and 10% respectively.

Apart from IT and FMCG, private banks delivered healthy returns of 5% during the month.

On the other hand, the metals sector, which had been one of the strongest performing sectors over the last several months, cooled off and corrected by 1% during the month.

Click on the attachment for the full list of Axis Securities’ stock picks for September:

Axis Securities Equity Investment Strategy-September2021.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.