SBI among top 10 stock picks from Axis Securities with upside potential of up to 42%

Sep 21, 2024, 04:18:16 PM IST

The long-awaited 50 bps rate cut by the Federal Reserve has finally happened, with the Fed hinting at further reductions in 2024, 2025, and 2026. This news has sparked a positive reaction across the markets.

Following this, analysts expect increased FPI inflows, leading to a recent rise in largecap investments. This trend may strengthen, with largecaps likely to outperform other segments. The constructive view on the market remains intact with a likely sector rotation.

With these, below are the top 10 picks from Axis Securities with upside potential of up to 42%:

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Target price: Rs 815

Last Traded Price: Rs 573.45

Upside potential: 42%

ETMarkets.com

Target price: Rs 300

Last Traded Price: Rs 210.25

Upside potential: 42.6%

ETMarkets.com

Target price: Rs 300

Last Traded Price: Rs 210.25

Upside potential: 36%

ETMarkets.com

Target price: Rs 1,030

Last Traded Price: Rs 781.90

Upside potential: 31.7%

ETMarkets.com

Target price: Rs 224

Last Traded Price: Rs 171.90

Upside potential: 30.3%

ANI

Target price: Rs 2,150

Last Traded Price: Rs 1,661.25

Upside potential: 29.4%

ETMarkets.com

Target price: Rs 475

Last Traded Price: Rs 370.40

Upside potential: 28.3%

ETMarkets.com

Target price: Rs 340

Last Traded Price: Rs 268.90

Upside potential: 26.4%

ETMarkets.com

Target price: Rs 230

Last Traded Price: Rs 185.05

Upside potential: 24.9%

ANI

Target price: Rs 950

Last Traded Price: Rs 760.65

Upside potential: 24.9%

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

ETMarkets.com