Axis Direct Broker Research reports

Stock Ideas with specific strategies

Asian markets are trading in the green. The Hang Seng, Shanghai, and Nikkei are trading higher by 0.98%, 0.1%, and 0.6%, respectively.

Automobile Sector: Energy Supply Tightness & Geopolitical Risks

Asian markets are trading in the red. The Hang Seng, Shanghai and Nikkei are trading lower by 0.36%, 0.38%, and 1.1%, respectively.

We recommend a BUY with a target price of Rs 290/share, implying an upside of 10% from the CMP.

India Power Sector: Demand Momentum Builds; Transmission Build-Out and El Nio Converge

Asian markets are trading in the red. The Hang Seng, Shanghai and Nikkei are trading lower by 0.63%, 0.46%, and 1.07%, respectively.

Asian markets are trading in the red. The Hang Seng, Shanghai and Nikkei are trading lower by 0.45%, 0.12%, and 0.76%, respectively.

Asian markets are trading in the green. The Hang Seng, Shanghai and Nikkei are trading higher by 0.56%, 0.01%, and 2.27%, respectively.

Asian markets are trading in the green. The Hang Seng, Shanghai and Nikkei are trading higher by 1.56%, 0.30%, and 3.46%, respectively.

Impact of Rising Crude Oil Prices on Indian Economy & Equity Markets

Asian markets are trading negatively due to a surge in oil prices and escalating Middle East tensions. The Hang Seng, Shanghai and Nikkei are trading lower by 3.03%, 1.57%, and 7.47%, respectively.

We recommend a BUY rating on the stock with a TP of Rs 1,628/share, implying an upside of 10% from the CMP.

We upgrade the stock from HOLD to BUY rating.

Asian markets are trading in the red, tracking overnight losses on Wall Street, while the Iran conflict continues to push energy prices higher. Oil prices surged past the $80-per-barrel threshold, with Brent futures last trading at $83.5.

Stock Ideas with specific strategies

Asian markets are trading in the green, following gains in U.S. stocks, as investors bought the dip after recent losses, despite ongoing geopolitical and oil price concerns. The Nikkei 225, Hang Seng and Shanghai Composite are trading higher by 2.6%, 1.25%, and 0.48%, respectively.

We prefer TVS Motors 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 in the red as investors in the region watch the annual parliamentary meeting of China's policymakers, which will kick off later in the day. The Nikkei 225, Hang Seng, and Shanghai Composite are trading lower by 3.3%, 1.57%, and 0.90%, respectively.

Axis Intellect (AI) Score based Top Ideas