Geojit sees value in large-cap private banks, stating that large cap private banks now appear attractive, as their valuations remain below the five-year average.
The Nifty 50 delivered nearly 10% returns over the past year, but the real story lies beneath the index. From Shriram Finance’s stunning 62% surge to sharp underperformance in IT, power and consumption-heavy stocks, market leadership was highly selective. Financials, autos and select industrials clearly outshone, while defensives and tech lagged amid global uncertainty and valuation pressures. Here’s a clear breakdown of the biggest winners, laggards, and what could shape market leadership as we head into 2026.
Choice has adopted a more cautious stance on others. The brokerage has an 'Add' rating on Hero MotoCorp with a target price of Rs 5,710, citing strong market share gains.
The auto major has announced a recall of 39,506 units of its Grand Vitara sport utility vehicle (SUV). Maruti Suzuki stated that vehicles manufactured between December 9, 2024, and April 29, 2025, are part of the recall.
MSIL: Revenue from operations grew by 13.07 per cent to Rs 42,344.2 crore in Q2 FY26 from Rs 37,449.2 crore in the corresponding period last year.
MSIL: The stock, which hit an all-time high of Rs 16,673.90 on Tuesday, slipped 1.04 per cent to close at Rs 16,143.65 today. Even at this level, the country's largest carmaker has delivered impressive gains of around 46 per cent over the last twelve months.
Hero MotoCorp Ltd recorded a nearly 30 per cent jump in the same period, moving from Rs 4,306.75 to Rs 5,581.05 on the BSE.
Nirmal Bang Institutional Equities stayed positive on M&M and Eicher Motors among OEMs, while in the auto components space it preferred ASK Automotive and Suprajit Engineering.
Mahindra & Mahindra, Eicher Motors, and ASK Automotive remained Nirmal Bang's preferred auto stock picks. Nirmal Bang said Mahindra dealers reported steady traffic, supported by interest in BE 6 and XEV9e EV models.
Maruti Suzuki share price: The GST tax relief should catalyse a demand rebound aided by festive season and replacement-led purchases, Centrum said.
M&M turns out to be the biggest beneficiary of GST cuts. Both Maruti Suzuki and Hero MotoCorp may witness largely similar benefits. In 2Ws, Hero MotoCorp, Eicher Motors and TVS Motor are seen as major beneficiaries.





