Beneficial to reach 29,500 by end of 2026, says BNP Paribas, with backing from HDFC Bank and Maruti Suzuki among top bets

India’s benchmark Nifty 50 could rise to 29,500 by end-2026, which BNP Paribas said would deliver returns in the mid-teens, largely driven by earnings growth. The brokerage urges investors to focus on large, domestically oriented stocks such as HDFC Bank, ICICI Bank, Maruti Suzuki, Mahindra & Mahindra, Reliance Industries and Bharti Airtel, as policy support, […]

Prabhudas Lilladher raises Nifty’s 12-month target to 29,094 on 5 tailwinds. Picks HAL, ICICI and 16 more stocks to buy

Nifty’s 4% rally over the past three months has more scope to grow, says Prabhudas Lilladher (PL), who estimates the heartbeat index to reach its target of 29,094 in the next 12 months, implying 11% growth from current levels. PL has revised its targets upwards from 28,781, believing that economic momentum will pick up from […]