Axis Bank, Bharti Airtel, ITC: Stocks to buy and sell in FY18

It has been a good financial year for stock market investors with the Nifty50 index surging around 17%. The rally in select individual stocks in the Nifty50 index, however, has been sharper. Hindalco, for instance, surged 116% during the year. Indian Oil (IOC), YES Bank, Maruti Suzuki, State Bank of India (SBI) and Tata Steel rallied 49% - 91%. On the other hand, Sun Pharma, Infosys, Dr Reddy’s Labs, Wipro and TCS were among the laggards that lost 3% - 16% during the year. Outcome of assembly polls in March, especially in the key state of Uttar Pradesh (UP) – seen as a semi-final to the general elections scheduled for 2019 – reinforced hope of wider reforms. Earlier in the year, a good monsoon and the passage of the goods and services tax (GST) bill provided triggers for an upside. On the other hand, they remained resilient to events that were perceived to be negative for the financial markets – such as demonetisation, Donald Trump’s surprise victory in the US Presidential election and rate hike by the US Federal Reserve. Here are a few stocks compiled from recent research reports that leading research houses and brokerages recommend at the current levels.  Future & Option Trading Tips

Citigroup

Banks and pharma remain key overweights. Remain underweight on IT Services and Consumer staples. Top picks include Axis Bank, Aurobindo Pharma, Bharat Electronics, Cipla, HDFC Bank, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M), Power Grid, State Bank of India (SBI), Tata Motors, Apollo Hospitals, Container Corporation, Crompton Consumer, Dish TV, Emami, Glenmark Pharma, GSPL, Indraprastha Gas and PI Industries. Financial Astrology Tips