Top stock picks today from India’s leading brokerages — Motilal Oswal, HDFC Securities, ICICI Direct & more. Analyst targets, rationale & outlook.
Indian Market Context
Nifty closed near 26,164 after a volatile session, consolidating within the 26,000–26,300 range. Softer US inflation data supported sentiment, but FIIs remained net sellers, keeping upside capped.
Top Brokerage Recommendations (Main Section)
| Brokerage | Stock | Rating | Target Price (₹) | Upside (%) | Key Rationale |
| Motilal Oswal | Lodha (Macrotech) | Buy | ₹1,888 | +76% | Robust pre-sales growth and strong project pipeline in MMR. |
| ICICI Direct | Larsen & Toubro | Buy | ₹4,500 | +12% | Record order backlog of ₹6.12 lakh Cr; focus on green energy & defense. |
| HDFC Securities | HDFC Bank | Buy | ₹1,150 | +16% | Post-merger synergy benefits and stable NIM expansion expected. |
| Motilal Oswal | Reliance Ind. | Buy | ₹1,608 | +4% | High-growth potential in Retail and Jio; new energy monetization. |
| ICICI Direct | Kaynes Tech | Buy | ₹8,900 | +30% | Leader in EMS segment with massive scale-up in semiconductor OSAT. |
| Geojit BNP | Bajaj Finance | Buy | ₹1,138 | +14% | Strong AUM growth and diversifying digital ecosystem. |
| SBI Securities | Nifty 50 | Neutral | 26,268 | Resistance | Recommending a “sell on rise” strategy near resistance zones. |
Sector Insights
- Consumer Durables: Outperformed today, led by Titan (+2.17%), as analysts anticipate strong year-end wedding and festive demand.
- Defense & EMS: Remains a top brokerage pick (e.g., BEL, Kaynes) due to the government’s indigenization push and increasing order inflows.
- Banking (BFSI): While the index was down, brokers remain bullish on HDFC Bank and Axis Bank for 2026, citing improved asset quality despite high cost of funds.
Technical View / Chart Outlook
- Kotak Mahindra Bank: Support at ₹1,950; breakout above ₹2,000 could trigger rally. RSI positive.
- Lloyds Metals: Consolidating near ₹600; breakout zone ₹620. RSI neutral, watch for volume.
- Apollo Hospitals: Strong support at ₹5,800; resistance at ₹6,200. RSI near 60, bullish bias.
- Titan Company: The stock is showing a bullish “cup and handle” breakout on the daily chart. Immediate resistance is at ₹4,007; a close above this could lead to ₹4,250.
- Larsen & Toubro: Trading above its 200-DMA with strong support at ₹3,950. RSI is at 58, suggesting room for an upward move toward ₹4,140.
- HCL Tech: Facing selling pressure; immediate support at ₹1,920. A breach below this could trigger a further slide to ₹1,850.
Broker Consensus Summary
Analysts remain bullish with selective bets. Market breadth favors midcaps (metals, renewables), while largecaps consolidate. Consensus: Buy-on-dips strategy in quality names.
💡 Expert Take / Investment Perspective
Broker calls align with sector rotation themes — BFSI stability, healthcare demand, and renewable energy growth. Investors should track policy cues and Q3 earnings before aggressive positioning.
❓ FAQs
- Which broker gave the best returns in 2025? Motilal Oswal & Axis Securities had consistent outperformers in BFSI & Renewables.
- How often should investors follow brokerage calls? Weekly tracking is ideal; daily updates help traders.
- Are broker calls reliable for long-term? Yes, when combined with fundamentals & quarterly results.
- Which sectors are most favored this week? BFSI, Metals, Healthcare, Renewables.
Final Thoughts
Analysts remain selectively bullish on BFSI, Metals, and Renewables. Investors should monitor earnings season, FII flows, and government policy for confirmation of trends.
⚠️ Disclaimer
This article is for educational purposes only. It does not constitute investment advice. Please consult a SEBI-registered financial advisor before investing.
