Key Points
Axis Securities' top picks basket has been outperforming the benchmark Nifty 50 for the past 1 year..
The brokerage's top picks portfolio has zoomed by 9.7% for overall FY23, compared to a decline of 0.6% posted by Nifty 50 for the same..
Once again, the brokerage has taken a thematic approach to the Top Picks selection for April 2023..
In its latest report, Axis Securities said, the basket, however, reported a flattish return (-0.3%) in a highly volatile March 23 which witnessed a rather mixed performance across the sectoral, market cap, and style indices, indicating an underlying change in the market positioning..
Specifically for March month, Axis Securities note said, that the market witnessed a mixed trend with notable volatility in both directions..
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