These could be the top stocks of 2026, experts are expecting a boom

If the stock market story writes a new chapter in 2026, certain stocks could play the role of heroes. Six major national and global brokerage firms believe the Indian market could gain new momentum next year, driven by an improved economic environment, declining inflation, and improving corporate earnings. In such a scenario, select large and strong stocks could deliver good returns to investors.

The brokerage firm believes that the market's rally in 2026 will come not based on rumors or mere valuations, but on real earnings and strong balance sheets. Based on this thinking, it has identified approximately 75 stocks that could lead the market in the future.

What will be the positive factors for 2026?

According to experts, declining inflation, a potential interest rate cut by the RBI, strengthening domestic investment, and government spending could all be positive factors for the market. 

Especially, the banking, financial, consumer, industrial, and infrastructure sectors offer promising opportunities. Investors are now more confident in companies with clear business models and visible earnings.

Morgan Stanley's Choice

Morgan Stanley believes the Indian stock market could make a strong comeback in 2026. According to the brokerage, stocks linked to domestic demand could benefit the most. 

The brokerage's picks include consumer stocks like Maruti Suzuki, Titan, and Trent. The brokerage has expressed confidence in ICICI Bank and Bajaj Finance in banking, L&T in infrastructure, and Reliance Industries in energy.

Which stocks does HSBC trust?

HSBC focuses on large and reliable companies. The brokerage expects earnings improvement to become evident in 2026. HSBC's picks include Infosys, SBI, Mahindra & Mahindra, Hindalco, Apollo Hospitals, Marico, and Kalyan Jewellers.

BofA's focus: Consumer and financials

BofA Securities believes that returns will be driven by earnings in 2026. The brokerage favors the auto, banking, consumer, and real estate sectors. Its top stocks include Maruti Suzuki, Mahindra & Mahindra, Titan, HDFC Bank, ICICI Bank, Bajaj Finance, IndiGo, and DLF.

Nomura's Strategy: Stay Away From the Crowd

Nomura advises investors to avoid highly-hyped stocks and focus on select stocks. The brokerage's picks include ICICI Bank, Axis Bank, Infosys, UltraTech Cement, Dixon Technologies, Dr Reddy's, Titan, and Mahindra & Mahindra.

View of Jefferies and ICICI Direct

Jefferies focuses on stocks that appear cheap now but have the potential to perform well going forward. Axis Bank, BPCL, Godrej Properties, and JSW Energy are its favorites. ICICI Direct, meanwhile, lists Bajaj Finserv, LTIMindtree, Pidilite, SRF, and Can Fin Homes as strong contenders for 2026.

What are the signals for investors?

Experts are clear that only stocks with strong fundamentals will shine in 2026. If the market rewards reality over hype, these selected stocks could become a major opportunity for investors.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.