Axis Securities forecasts Nifty 50 at 28,100 by Dec 2026, names SBI, Varun Beverages among top picks.
Summary
The article discusses Axis Securities' forecast for the Nifty 50 to reach 28,100 by December 2026, driven by anticipated earnings-led growth in Indian equities. It highlights nine specific stock picks, including SBI and Varun Beverages, with a potential upside of up to 23%. This information is a brokerage firm's specific market forecast and individual stock recommendations, which are generally not considered relevant for competitive exams focused on broader economic policies or general knowledge.
Key Points
- 1Axis Securities forecasts Nifty 50 to reach 28,100.
- 2The forecast target date for Nifty 50 is December 2026.
- 3The brokerage firm identified nine top stock picks.
- 4SBI is mentioned as one of the top stock picks.
- 5Varun Beverages is also mentioned as a top stock pick, with potential upside up to 23%.
Full Article
Axis Securities forecasts the Nifty 50 to reach 28,100 by December 2026, anticipating a robust earnings-led growth phase for Indian equities. The brokerage has identified nine top stock picks, including SBI and Varun Beverages, with potential upside up to 23%, driven by strong fundamentals and earnings visibility.