Brind.

Religare Broking Names Top Stock Picks for Diwali 2026

1 report, 1 independent Updated Mon 00:00

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Religare Broking named eight stocks across different sectors as its top picks for Diwali 2026. The list included Larsen & Toubro, Mahindra & Mahindra, Glenmark Pharmaceuticals, Tata Power, Bajaj Finance, and Kotak Mahindra Bank, among others. According to the brokerage, Mahindra & Mahindra holds the highest upside potential, with a target price of Rs 4,377 against its assessed market price of Rs 2,840.

From businesstoday.in

Why it matters

Some supportBrind's analysis of the reports

The identification of top stocks by a domestic brokerage influences market sentiment and investor behavior. The specific rating given to Mahindra & Mahindra suggests potential upward movement in its stock price.

From businesstoday.in

Who's involved

Larsen & ToubroListed as a top stock pick by Religare Broking
Mahindra & MahindraIdentified by Religare Broking as having the highest upside potential
Kotak Mahindra BankListed among the top stock picks
Bajaj FinanceListed among the top stock picks
Tata PowerListed among the top stock picks
Glenmark PharmaceuticalsListed among the top stock picks

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

Larsen & ToubroSpeculative
The stock price might increase due to positive market sentiment from the brokerage recommendation.
Mahindra & MahindraSpeculative
The stock price could increase, given the brokerage's assessment of 54.1 per cent upside potential.
Kotak Mahindra BankSpeculative
The stock price may see an increase following the positive analyst rating.
Bajaj FinanceSpeculative
The stock price could be boosted by the inclusion in the brokerage's top picks list.
Tata PowerSpeculative
The stock price might benefit from the positive market sentiment generated by the listing.
Glenmark PharmaceuticalsSpeculative
The stock price could rise due to the positive market sentiment from the brokerage recommendation.

Keep exploring

The entities involved

Larsen & Toubro
Indian multinational conglomerate company
- Sharekhan released investment recommendations, including L&T, Airtel, ICICI Bank, and VA Tech Wabag.Mon 13:35
- L&T secured residential and commercial development orders in Bengaluru, Hyderabad, and Mumbai.Mon 10:00
Mahindra & Mahindra
Indian multinational automobile manufacturer
- Indian stocks showed mixed performance on July 6, 2026, amid monitoring of elevated crude oil prices.Fri 14:13
- Mahindra & Mahindra contributes to market gains amidst geopolitical tensions in the Middle East.Fri 07:19
Kotak Mahindra Bank
Indian private sector bank headquartered in Mumbai
- Info Edge was listed in Muhurat Trading picks, and ICICI Securities maintained a Buy rating on a bank.Tue 13:18
- On October 13, 2026, several major companies experienced mixed market performance, appearing among both top gainers and losers.Tue 12:15
Bajaj Finance
Indian non-banking financial company
- Easing crude oil prices due to reduced political worry boost India's economic outlook and stock market gains.Fri 07:19
- Motilal Oswal maintained a buy rating on stock while Bajaj Finance reported consolidated profit growth.Wed 09:40

Coverage

Newest first; wire copies grouped

Mon 00:00businesstoday.in