Top 9 large cap picks with upside potential of 31% from Axis Securities

The Indian benchmark indices have slipped back into fear mode over the last two trading sessions, with caution prevailing ahead of a key U.S. jobs report that could impact the Federal Reserve’s decisions on the pace and scale of interest rate cuts.Broad-based selling was witnessed across all sectors. In Friday’s session, the Nifty 50 index tumbled below the 25k mark closing 1.2% lower at 24,852.In such a market, domestic brokerage firm Axis Securities lists its top 9 large cap picks which have an upside potential of up to 31%:

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