Axis Direct Broker Research reports

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%.