Coal India among Axis Securities’ top 4 picks in metals & mining sector with up to 26% upside potential

Amid a market downturn, Indian key indices were able to show a rebound in Friday’s trading session as the Nifty50 index and Sensex erased 5 days of losses, closing at 23,907.25 and 79,117 respectively.During a phase of uncertainty surrounding the markets, domestic brokerage firm Axis Securities has picked sectors with high conviction.Here are the top 4 conviction stocks by Axis Securities in the metal and mining sector with a headroom of up to 26%:

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2 top stock recommendations from Sneha Seth

Nifty has support around 22,200 and banking index support is near 47,800. The market shows significant corrections with FIIs lacking buying interest. Coal India and