Axis Direct Broker Research reports

Asian markets traded lower as US President Trump's country-specific tariffs are set to be implemented. The Nikkei, Hang Seng, and Shanghai were down by 2.50%, 1.12%, and 0.09%, respectively.

OUR TOP 9 TRADING BUYs Earnings Play: Shriram Finance, Max Healthcare, Varun Beverages, JK Cement, KEC International, Kirloskar Brothers, V-Mart, APL Apollo Tubes, and Skipper limited

OUR TOP POSITIVE PLAYS Prestige Estates; Signature Global

Q4FY25 Earnings Play : Auto OEMs: Ashok Leyland, TVS Motors. (M&M - Non-Coverage) Auto Ancillary: UNO Minda, Sansera Engineering Ltd, SSWL

Positive Result Plays: Banks ICICI Bank, HDFC Bank, SBI, Kotak Mahindra Bank NBFCs Shriram Finance, Bajaj Finance, Cholamandalam Negative Result Plays: CreditAccess Grameen, Equitas SFB

Our Preferred Picks in the Sector Infra-Road: H G Infra Engineering Ltd, J Kumar Infraprojects Ltd Infra-Others : KEC International, Kalpataru Projects International Ltd

We recommend a BUY on the stock with a target price of Rs 900/share, implying an upside of 10% from the CMP.

We recommend a BUY rating on the stock with a TP of Rs 742 /share, implying an upside of 10% from the CMP.

Asian markets traded higher after rebounding from the previous session's losses. The Nikkei, Hang Seng, and Shanghai were up by 6.39%, 2.44%, and 0.48%, respectively.

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.

In the long term, we prefer TVS Motors and Hero Motocorp in 2Ws; M&M (non-coverage) as a play in the PV/LCV/tractor segment, followed by Maruti in PVs. We also keep a close watch on Ashok Leyland and Eicher (VECV) in the CV space for potential volume growth