These are the top 10 stock to buy in July, according to Axis Securities

• Axis Securities recommend ICICI Bank, ITC, Manappuram Finance, Bharti Airtel, HCL Tech, Mind Tree, Varun Beverages, CCL Products, Biocon and Minda Industries stocks.
• Sensex gained over 24% since March 31, till date.
• Check out the latest news and updates on Business Insider.

The Indian stock markets have rallied sharply in June on the back of positive foreign fund inflows triggered by hopes of a vaccine launch for COVID-19 sooner than expected. With Sensex gaining over 24% since March 31, it might seem that all of the great buying opportunities have passed us by. But here are few of the top stocks to watch out for in July, according to Axis Securities.

Axis top picks basket delivered a return of 9.4% since the launch in the month of May with 9 out of 10 picks registering positive gains.

These are the top stocks to watch out for in July and rationale given by the fund house: