Brokerages Unveil Top Stock Picks: Banking, Auto, Realty Poised for Strong Growth

• Nomura initiates 'Buy' on IDFC First Bank (TP ₹105), citing shift to profitability, strong liabilities, and retail-focused lending with high EPS CAGR.
• Jefferies maintains 'Buy' on Reliance Industries (TP ₹1,830), expecting 13% EBITDA growth by FY27, driven by Jio, with potential tariff hikes and listing as triggers.
• Nomura sees long-term growth in the life insurance sector, recommending 'Buy' for SBI Life (TP ₹2,455) and Max Financial Services (TP ₹1,935) due to scale, profitability, and margin improvement.
• Nuvama gives 'Buy' on Oswal Pumps (TP ₹720) for its agri-solar integration and pump technology; Nomura 'Buy' on Titan (TP ₹4,500) for strong jewellery and emerging category growth.
• Jefferies 'Buy' on Lodha Group (TP ₹1,650) for strong Q3 pre-sales; Elara highlights accelerated growth in the auto sector post-GST 2.0, recommending Maruti, M&M, Eicher, TVS Motor.

Why It Matters: Brokerage reports signal selective stock-picking in banking, auto, and realty for significant investment opportunities.