Top Brokerage Stock Picks This Week, Largecap and Midcap Stock Picks With Targets: With the earnings season and a bigger-than-expected rate cut now out of the way, market participants are focused on domestic macroeconomic indicators and institutional fund flows. Headline index Nifty50 has largely gyrated in a 700-odd point range of 24,500-25,200 in June so far, coming within 1,100 points of its all-time high of late September and then retreating. Analysts at various foreign brokerages have lined up their fundamental ‘buy’ calls spanning largecap and midcap segments, with targets ranging from Rs 920 to Rs 6,650—indicating potential gains to the tune of 4-37 per cent. Read on to learn about these ‘buy’ recommendations in detail along with the potential upsides that the targets suggest.
1/12The 10 stock picks are from spaces such as financial services, realty, IT, airlines, FMCG, utilities, and telecommunications.
HDFC Bank | Financial services DLF | Real estate Sobha | Real estate Infosys | IT IndiGo | Airlines Tata Consumer Products | FMCG Bharti Airtel | Telecom 360 One | Financial services MGL | Utilities Britannia | FMCG
2/12HSBC has a ‘buy’ rating assigned to Sobha Developers shares with a target price of Rs 1,850. As of June 10, the brokerage’s target implies an upside of 12.1 per cent in the midcap real estate stock.
3/12HSBC has a ‘buy’ rating on DLF with a target price of Rs 920.
The target suggests an upside of 6.1 per cent in the largecap real estate stock.
4/12According to the brokerage, FY26 should see a pickup in launches, with the pre-sales momentum expected to continue.
5/12Citi has maintained a ‘buy’ rating on the 360 One Wam stock while raising its target price by Rs 110 to Rs 1,450 per share.
The target implies a potential upside of 36.6 per cent in the largecap financial services stock.
6/12Nomura has retained a ‘buy’ rating on HDFC Bank with a target price of Rs 2,140.
As of June 10, the target implies an 8.9 per cent upside in the blue-chip banking stock.
7/12Nomura has maintained a ‘buy’ call on Tata Consumer Products shares with a target price of Rs
1,300. The target indicates a 16.6 per cent upside in the largecap consumer products stock.
8/12Jefferies has kept a ‘buy’ rating on Infosys with a target price of Rs 1,660 per share.
The target implies a 4.0 per cent upside in the largecap IT stock.
9/12Citi has retained a ‘buy’ call on Britannia while raising its target price for the FMCG stock to Rs 6,500 from Rs 6,200.
The target indicates an upside of 14.7 per cent in the largecap stock.
10/12HSBC has continued with a ‘buy’ call on Bharti Airtel with a target price of Rs 2,100.
As of June 10, the target suggests an upside of 13.1 per cent in the largecap telecom stock.
11/12HSBC has maintained a ‘buy’ rating on Interglobe Aviation (IndiGo) with a target price of Rs 6,650.
The target suggests an upside of 18.8 per cent.
12/12Citi has maintained a ‘buy’ call on MGL with a target price of Rs 1,700.
The target implies a potential upside of 21.8 per cent in the midcap stock.