Fri Jan 02 05:50:00 UTC 2026: Summary:

Axis Securities predicts a strong market performance in 2026, surpassing 2025, with potential Nifty growth of 13% CAGR over FY23-28. They’ve identified 15 stocks expected to yield up to 54% returns, setting a Nifty target of 28,100 by December 2026 and a bull-case scenario of 29,500. Key factors to watch include global events, US policies, AI investment, interest rates, currency and oil prices. Risks include trade policy uncertainty, rupee depreciation, and delayed earnings revival. Top stock picks include Bajaj Finance, SBI, and HDFC Bank, among others.

News Article:

Axis Securities Bullish on 2026, Predicts Strong Market Growth and Unveils Top Stock Picks

Mumbai, India – Axis Securities is forecasting a bright future for the Indian stock market, predicting that 2026 will outperform 2025 based on anticipated earnings growth and the dissipation of current market concerns. The brokerage firm has set a Nifty target of 28,100 by December 2026, valuing it at 20 times December 2027 earnings, and envisions a 13% Compound Annual Growth Rate (CAGR) for Nifty earnings between FY23 and FY28. In a bull-case scenario, the Nifty could reach 29,500, valued at 21X.

“With most significant events now behind us and negative earnings concerns largely priced in, we anticipate a significantly improved market performance in 2026,” stated a release from Axis Securities.

To capitalize on this projected growth, Axis Securities has unveiled a list of 15 stocks expected to deliver substantial returns, with potential upsides ranging up to 54%. The top picks span various sectors, including finance, banking, telecom, retail, healthcare, real estate, and more.

Axis Securities’ Top Stock Picks:

  • Bajaj Finance: Target Rs 1,200 (22% Upside)
  • SBI: Target Rs 1,135 (16% Upside)
  • HDFC Bank: Target Rs 1,170 (18% Upside)
  • Bharti Airtel: Target Rs 2,530 (20% Upside)
  • Avenue Supermarts: Target Rs 4,960 (31% Upside)
  • Max Healthcare Institute: Target Rs 1,400 (34% Upside)
  • Prestige Estates Projects: Target Rs 2,000 (25% Upside)
  • APL Apollo Tubes: Target Rs 2,100 (10% Upside)
  • Mahanagar Gas (MGL): Target Rs 2,100 (36% Upside)
  • Ujjivan Small Finance Bank: Target Rs 65 (23% Upside)
  • Chalet Hotels: Target Rs 1,120 (29% Upside)
  • Inox Wind: Target Rs 190 (54% Upside)
  • Kirloskar Brothers: Target Rs 2,330 (45% Upside)
  • Sansera Engineering: Target Rs 1,950 (16% Upside)
  • Kalpataru Projects International: Target Rs 1,475 (24% Upside)

While optimistic, Axis Securities cautioned investors to monitor key global developments, including US government policies, AI investment trends, and potential interest rate cuts by the US Federal Reserve. Currency and oil price fluctuations will also play a crucial role. Key risks to the forecast include trade policy uncertainties, rupee depreciation, and delays in earnings revival.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Consult with a qualified financial advisor before making any investment decisions.

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