 "Nifty stocks to watch in FY26: Right stocks could yield high returns")
As FY26 begins, investors are seeking stocks with the highest upside potential.
Risk-averse investors may focus on companies within the Nifty 50 basket.
Most brokerages predict the 50-share blue chip index will deliver double-digit returns this year, thanks to moderation in valuations.
However, right bets on individual stocks can yield even higher returns. We have screened companies based on consensus 12-month price targets compiled by Bloomberg.
Barring a few stocks such as Jio Financial Services (only one analyst tracking the stock), Adani Enterprises (four analysts) and Grasim Industries (nine analysts), most components have wide coverage.
For instance, ICICI Bank and State Bank of India are tracked by 50 analysts.
According to analysts, IndusInd Bank, Zomato, and Mahindra & Mahindra (M&M) may deliver the strongest upside potential, while JSW Steel, Kotak Mahindra Bank, and Bajaj Finserv may experience subdued performance in FY26.
Analysts' ratings and price targets are subject to change due to market dynamics. Also, recent stock price performance can skew the upside or downside.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%