New Delhi: Axis Securities has predicted that the Nifty may cross 28,000 levels by December 2025. The report stated that the target of Nifty for December 2025 has been placed at 26,100 in the base case. The domestic brokerage said in a Bull case scenario, the broader index can achieve the target of 28,700. However, if bears take charge, then the target for Nifty has been positioned at 23,500.
The brokerage report also stated that the Reserve Bank of India (RBI) can go ahead with interest rate cuts once or twice in 2025. It, however, stated that it depends on the growth of the economy on inflation data.
Axis Securities stock recommendations 2025 report mentioned the following stocks which are expected to gain this year: HDFC Bank, ICICI Bank, Dalmia Bharat, State Bank of India, HCL Tech, J Kumar Infraprojects Ltd, Prestige Estates, Sansera Engineering, Lupine, Aurobindo Pharma, Healthcare Global, Varun Beverages, Gravita India, Bharti Airtel, Charlotte Hotel, and Cholamandalam Investment and Finance.
According to the Axis Securities report, the highest upside potential is in Cholamandalam Investment and Finance Company Limited. It is a large cap company, which works in the financial sector. Prestige Estates Projects Limited, a real estate sector company in the mid cap category, can givee 30 per cent upside returns.
Category
Company
Target Price
Updside (%)
Large Cap
ICICI Bank
1500
17
Large Cap
SBI
1040
31
Large Cap
Varun Beverages
700
10
Large Cap
HDFC Bank
2025
14
Large Cap
Bharti Airtel
1880
18
Large Cap
Cholamandaland Investment
1675
41
Large Cap
HCL technologies
2110
10
Mid Cap
Aurobindo Pharma
1500
12
Mid Cap
Lupon
2600
10
Mid Cap
Dalmia Bharat
2040
15
Mid Cap
Prestige Estates
2195
30
Small Cap
Charlotte Hotel
1075
10
Small Cap
Sansera
1780
19
Small Cap
Healthcare Global Entreprises
575
18
Small Cap
Gravita India
3000
38
Small Cap
J Kumar Infraprojects
950
25
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Axis Securities initiated a Buy rating on HDFC Bank, ICICI Bank, Dalmia Bharat, State Bank of India, HCL Tech, Lupine, Aurobindo Pharma, Healthcare Global, Varun Beverages, Gravita India, Bharti Airtel, Charlotte Hotels, J Kumar Infra, Prestige Estates, Sansera Engineering and Cholamandalam Invest & finance. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
