The long-awaited 50 bps rate cut by the Federal Reserve has finally happened, with the Fed hinting at further reductions in 2024, 2025, and 2026. This news has sparked a positive reaction across the markets.Following this, analysts expect increased FPI inflows, leading to a recent rise in largecap investments. This trend may strengthen, with largecaps likely to outperform other segments. The constructive view on the market remains intact with a likely sector rotation.With these, below are the top 10 picks from Axis Securities with upside potential of up to 42%:
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%
Accenture’s shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT
June 20, 2025