Axis Direct Broker Research reports

Event Update: RBI Monetary Policy - December 2025

Asian markets are trading mixed after Wall Street gained on the latest jobs data that raised hopes the Federal Reserve could cut interest rates next week. Nikkei is trading up by 1.37%, while Hang Seng and Shanghai Composite are trading down by 0.20% and 0.31%, respectively.

Asian markets are trading mixed after the US markets saw a tech-fueled recovery and a cryptocurrency rally. Nikkei is trading up by 0.77%, while Hang Seng and Shanghai Composite are trading down by 0.71% and 0.14%, respectively.

We prefer TVS Motors, Hero MotoCorp and Bajaj Auto in 2Ws (Eicher seems fully valued at CMP); M&M (non-coverage) as a play in the PV/LCV/tractor segment, followed by Maruti in PVs. We also like Ashok Leyland in the CV space, followed by a close watch on Eicher (VECV) for any market share gains.

Asian markets are trading mixed as China's private PMI unexpectedly contracted and U.S. rate-cut bets climbed. Nikkei is trading up by 0.54%, Hang Seng is trading up by 0.76% while Shanghai Composite is trading down by 0.25%.

Stock Ideas with specific strategies

Axis Intellect (AI) Score based Top Ideas

Asian markets are trading mixed as traders await fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve rate cut this month. Nikkei is trading down by 1.5%, Hang Seng is trading up by 1.1% and Shanghai Composite is trading up by 0.3%.

Axis Top Picks for the month of December 2025

BUY with a target price of Rs 440, implying an upside of ~10% from the CMP.