A surge has been witnessed in India's stock market right from the beginning of the week. Momentum was seen in Sensex and Nifty from the opening of the market on Monday, February 9. Experts are indicating that momentum could be seen in India's market in the medium to long term, according to specialists. Recently, the RBI has announced that retail inflation may increase slightly but will remain within tolerance levels. On the other hand, the RBI has increased the GDP growth rate for the financial years 2026 and early 2027 compared to earlier projections. It is in this environment that momentum has been witnessed in India's stock market.
In this context, Pankaj Pandey, Research Head at ICICI Securities, tells the media that in his opinion, Nifty 50 could reach 29,500 points by the end of 2026. According to him, since hope is being seen in the medium to long term, investors should now buy good stocks at low prices. In this situation, he has advised on five stocks for the long term.
Also Read | Sensex surges over 500 points, Nifty and Bank Nifty rally strongly in early trade
Which stocks are recommended for long-term?
IDFC First Bank
Target Price: ₹100
Pearl Global Industries
Target Price: ₹2255
Alivus Life Sciences
Target Price: ₹1190
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Aeroflex Industries
Target Price: ₹245
Mahindra Lifespace Developers
Target Price: ₹505
{News Ei Samay does not provide investment advice anywhere. Investment and trading in the share market or any field involve risk. Proper study and expert advice are recommended beforehand. This news is published for educational and awareness purposes.}
