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%:
Indian Bank raising $400 million in overseas loan; syndication underway
Indian Bank has embarked on a significant financial undertaking by securing a four-year loan worth $400 million, underwritten by CTBC of Taiwan and Commerzbank of