Nifty to Hit 29,200 by 2026: ICICI Securities Reveals Top Stock Picks

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CNBC TV18•19-12-2025, 10:06
Nifty to Hit 29,200 by 2026: ICICI Securities Reveals Top Stock Picks
- •ICICI Securities projects Nifty to reach 29,200 by 2026, driven by a favorable India-US trade solution.
- •BFSI, FMCG, healthcare, power, and technology sectors are expected to benefit from steady GDP growth and FII inflows.
- •Auto, telecom, and capital goods sectors are seeing consistent DII accumulation, indicating long-term confidence.
- •Top stock picks include Bank of India (₹180), Marico (₹880), UltraTech Cement (₹14,500), TCS (₹3,775), and Sun Pharma (₹2,180).
- •The overall market outlook remains constructive, citing improving macroeconomic conditions and supportive institutional flows.
Why It Matters: ICICI Securities predicts Nifty 29,200 by 2026, highlighting key sectors and specific stock picks.
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