MUMBAI — Five stocks including consumer goods major ITC and beauty retailer Nykaa have emerged as top picks for long-term investors seeking double-digit returns by 2026, according to a compilation of recommendations from leading brokerage houses.
The consolidated list, gathered from multiple research firms tracked by financial news platforms, projects potential returns ranging between 10-20 percent over the investment horizon. The selection spans diverse sectors, indicating a sectoral diversification strategy amid market volatility.
ITC, a diversified conglomerate with presence in FMCG, hotels, and paperboards, continues to attract analyst attention despite uncertain regulatory environments in its cigarette business. Nykaa, which operates in the rapidly expanding beauty and personal care e-commerce segment, represents the new-age digital commerce play in the portfolio.
The recommendations come at a time when Indian equity markets are navigating global headwinds and domestic growth concerns. Brokerage firms typically base such projections on fundamental analysis including earnings growth, sectoral tailwinds, and valuation metrics.
Market analysts suggest long-term equity investing remains crucial for wealth creation despite short-term fluctuations. However, investors are advised to conduct independent due diligence and assess risk appetite before making investment decisions based on brokerage recommendations.
The three other stocks in the list were not immediately disclosed in available summaries.