Brokerage firm Axis Securities is positive on a few large and midcap stocks, which can rally up to 23% in 2023. The brokerage believes the worst of the FIIs outflow is now behind as the strong earnings growth and economic recovery will play out for the remaining months of 2023.Axis Securities believes that the Indian economy stands at a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes that the current setup is a ‘Buy on Dips’ market. Here’s a list of 10 large & midcap stocks that can rally up to 23%, according to Axis Securities:
Adani Ports, Bharti Airtel among 5 key additions to Bernstein India model portfolio; HDFC Bank, RIL excluded
Brokerage firm Bernstein has updated its India model portfolio, adding five new stocks and removing four.