Axis Direct Broker Research reports

Asian markets are trading higher, showing resilience despite Wall Street's sharp decline following comments from U.S. Federal Reserve Chair Jerome Powell, who warned that ongoing trade tensions may challenge the Fed's dual mandate of managing inflation and sustaining economic growth.

We recommend a BUY rating on the stock with a TP of Rs 555/share, implying an upside of 10% from the CMP.

We maintain our BUY rating on HGIEL with a target price of Rs 1,201/share. The TP implies an upside of 10% from the CMP.

Asian markets are trading lower, mirroring the US markets as investors evaluate quarterly earnings amid ongoing concerns over tariffs that continue to dampen sentiment. Nikkei, Hang Seng, and Shanghai are trading lower by 0.63%, 1.71%, and 0.54%, respectively.

We recommend a BUY on the stock with a target price of Rs 5,800/share, implying an upside of 10% from the CMP.

Asian markets are trading mixed following recent tariff exemptions and dovish remarks by Fed's Waller. Nikkei is trading higher by 1%, while Hang Seng and Shanghai are trading lower by 0.18% and 0.36%, respectively.

We recommend a BUY with a near-term TP of Rs 405, implying an upside of 10% from the CMP.

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

we maintain our BUY rating on the stock

Asian markets traded lower as the sell-off resumed due to worries about the US-China trade war. The Nikkei, Hang Seng, and Shanghai were down 4.89%, 1.06%, and 0.33%, respectively.

We recommend a BUY rating on the stock with a target price of Rs 530/share, implying an upside of 10% from the CMP.

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.