Axis Direct Broker Research reports

Our preferred picks in the sector: Generation companies: NTPC Ltd and NLC India Ltd Power Ancillaries: Skipper Ltd

We recommend BUY on Lupin, Aurobindo, Abbott India, Fortis, and Max Health.

Top picks are: We lean towards domestic-focused companies and prefer APL Apollo Tubes and Coal India as Top Picks. We also like Hindalco, but recommend a Buy on Dips' approach amidst the volatile macro environment due to the impact of reciprocal tariffs.

Asian markets extended sell-offs on Monday due to fears over a global trade war sparked by US President Donald Trump's tariffs. The Nikkei, Hang Seng, and Shanghai were down by 5.84%, 8.98%, and 5.72%, respectively.

Top Dividend Yield Stocks

We recommend a BUY rating on the stock with a target price of Rs 1,475/share, implying an upside of 10% from the CMP.

Our Top Positive Plays: UltraTech Cement; JK Cement; JK Lakshmi Cement; Star Cement

Asian markets are trading lower, mirroring steep losses in US equities. The Nikkei is down 2.52%, while the Hang Seng and Shanghai Composite are shut for a public holiday.

Asian markets are trading lower as sentiment weakened following U.S. President Donald Trump's imposition of hefty reciprocal tariffs on over 180 countries and territories. Nikkei is down 2.75%, Hang Seng is down 1.81%, and Shanghai Composite is down 0.37%.

Our Top Picks: HDFC Bank, ICICI Bank, Dalmia Bharat Ltd, State Bank of India, Lupin, Trent Ltd, Hero Motocorp, Max Healthcare, Indian Hotels, Kalpataru Projects, APL Apollo Tubes, Varun Beverages, Bharti Airtel, Prestige Estates, Cholamandalam Invest and Finance.