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%:
Muthoot Finance approves Muthoot Money merger to create larger gold loan business
In a move to strengthen its market position, Muthoot Finance plans to incorporate Muthoot Money, its wholly-owned subsidiary, into its operations. This merger is designed