Despite Market Turmoil, Brokerages Back 10 Stocks for Strong Upside
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News1824-01-2026, 14:26

Despite Market Turmoil, Brokerages Back 10 Stocks for Strong Upside

  • The stock market declined by about 2% this week, coinciding with Q3 earnings releases and revised brokerage recommendations.
  • Motilal Oswal recommends 'Buy' for Bandhan Bank (target ₹175), Supreme Industries (target ₹4,200), Indian Hotels Company (target ₹850), LTIMindtree (target ₹7,900), and IndiGo (target ₹6,100).
  • JM Financial maintains 'Buy' on Eternal (target ₹400) and initiates 'Buy' on LG Electronics India (target ₹1,630).
  • Nuvama maintains 'Buy' on United Spirits (target ₹1,660) and JSW Infrastructure (target ₹360).
  • Goldman Sachs maintains 'Buy' on Havells India (target ₹1,880), citing stabilizing demand and improving business mix.

Why It Matters: Brokerages identify 10 stocks with significant upside potential despite recent market volatility and Q3 results.

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