Stocks to Rally Up to 57% by 2026: Axis Direct
Key Highlights
Axis Direct predicts Nifty at 29,480 by Dec 2026, spotlighting 9 large-cap stocks with potential rallies up to 57%. Discover top stock picks now!
Domestic brokerage firm Axis Direct has set an ambitious Nifty target of 29,480 for December 2026, suggesting a potential 30% upside from current levels. This forecast comes as Indian equities have lagged behind the US market and other emerging markets in 2025, leading to more attractive valuations.
According to Axis Direct, this underperformance presents a buying opportunity in fundamentally strong largecap stocks. The brokerage has identified nine such stocks with the potential to rally up to 57%.
Axis Direct’s bullish stance is based on the expectation of a recovery in the Indian economy and a resurgence in corporate earnings growth. The brokerage believes that these nine stocks are well-positioned to benefit from these trends.
Key factors driving Axis Direct’s positive outlook include:
- Nifty Target: A Nifty target for December 2026 at 29,480, implying a 30% upside from current levels.
- Valuation: Indian equities have underperformed the US market and other emerging markets by a notable margin in 2025, leading to a meaningful moderation in valuations.
- Stock Picks: The brokerage is bullish on nine largecap stocks that have the potential to rally up to 57%.
Investors should conduct their own due diligence and consider their individual risk tolerance before making any investment decisions.