After a volatile 2025, where benchmark indices scaled new highs but broader markets took a beating, domestic brokerage firm Bajaj Broking has shared its top picks for 2026.
MOFSL's largecap picks include InterGlobe Aviation (IndiGo) Bharti Airtel, ICICI Bank, State Bank of India (SBI), Infosys, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M) and Eternal.
Anand Mahindra, Chairman, Mahindra Grioup delivers a powerful message in the age of artificial intelligence.. At a time when AI dominates global conversations — often with fear and uncertainty — Mahindra takes a contrarian stand. He argues that as the world becomes more digital, human skills, real-world craftsmanship, empathy and technical grit will become even more valuable. Speaking at the an event in Telangana, he explains why developed economies today struggle not with a shortage of technology, but a shortage of skilled makers. And why India must prioritise talent that builds, repairs, creates and serves — the kind of skill that AI cannot replace. From the idea that “blue collar is the new gold collar” to the need for a workforce that thrives alongside AI, this is one of Mahindra’s most compelling visions for India’s future.
Mahindra has launched the XEV 9S 3-row SUV with introductory prices starting at Rs 19.95 lakh (ex-showroom) for the entry-level Pack One Above variant. Interestingly, prices for the XEV 9S, the first dedicated 7-seater mass-market electric SUV, start at Rs 1.95 lakh lower than those of the XEV 9e; both models are based on the INGLO platform.
The seven-seater SUV is claimed to be India's first authentic electric origin 7-seater SUV built ground-up on the INGLO architecture. While the brand has launched the SUV after building anticipation with teasers, booking for the Mahindra XUV 9S is set to commence from January 14, 2026, and delivery will begin from January 23, 2026. The Mahindra XEV 9S offers three battery pack options: 59 kWh, 70 kWh, and 79 kWh. The 59 kWh battery is capable of delivering a peak power of 170 kW, the 70 kWh battery delivers 180 kW, and the 79 kWh battery promises 210 kW of peak power.
Indian markets are witnessing a traditional bull phase led by strong performance from large-cap blue chips such as Bharti, Mahindra & Mahindra, and State Bank of India, driving the Nifty to fresh record highs. Despite earlier underperformance, market sentiment is now improving, powered by stable macro fundamentals, robust domestic SIP inflows, and the possibility of FIIs returning as valuations cool off. The excesses in small and mid-cap segments have corrected, reducing risks and strengthening the market setup. India’s domestic economy is acting as a shield against global volatility, making the outlook more constructive. A key factor to watch is tariff normalization, which may drop below 25% and provide relief to exporters. Are stronger days ahead for investors? Watch the full conversation.
The Mahindra Manulife Income Plus Arbitrage Active Fund of Fund will dynamically invest in a mix of actively managed debt schemes and arbitrage schemes, allowing flexibility to respond to shifting interest-rate cycles, changing arbitrage spreads, and reinvestment risks that typically challenge traditional fixed-income investments.
Top Sensex gainers were Eternal (1.94%), Maruti Suzuki (1.34%), Kotak Mahindra Bank (1.26%), Mahindra & Mahindra (1.11%) and Tech Mahindra (1%).
The auto firm released a strong set of earnings for the September 2025 quarter. Net profit rose 18% led by robust demand for its high-margin sport utility vehicles (SUVs) and tractors.
Mahindra & Mahindra has delivered an impressive set of Q2 results, with consolidated profit rising 28% year-on-year to ₹4,521 crore and revenue up 21% to ₹33,422 crore. The company’s performance was powered by strong SUV demand and a rebound in rural markets that lifted tractor sales. Management noted that the real impact of recent GST cuts will be visible in Q4, while guidance on tractor sales has been raised. M&M also confirmed that its new electric SUV will debut by the end of November, with encouraging demand trends already emerging for its BE6 and XEV 9e models. The company remains confident that FY26 will be even stronger than FY25.
"We are pretty much optimistic on some of the auto names. We remain bullish on Mahindra & Mahindra Ltd (M&M) from the four-wheeler pack and Hero MotoCorp Ltd still remains our positive and one among the best pick as far as the two-wheeler pack is concerned," Sharma said.





