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.