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Axis Securities lowers Nifty target for Dec 2025, Top picks include HDFC Bank, SBI, ICICI Bank, Dalmia Bharat
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Axis Securities lowers Nifty target for Dec 2025, Top picks include HDFC Bank, SBI, ICICI Bank, Dalmia Bharat

Given the uncertain trade policy, rupee depreciation and relatively higher valuations will continue to post risks, Axis Securities has lowered the base case December 2025