Optimistic Indian stocks 2026

Yes Bank

positive change in management and improving NPA and consecutive increase in profits. SMBC bank from japan has purchased the share and has applied and conditionally granted a fully subsidiary license to operate in India. AT1 bond case seems to be the only blocker right now and is coming to a closure soon as the hearings in supereme court has come to an end. If the results are positive my guess would be the stock would immediately jump to 24 and later on to 28-32 range within this year which would be atleast 20-40% return range in less than 6 months. moving forward this could climb to 40-45 if the profits are consistent.

TCS

At the time of this comment the stock is currently at 2400 rs. To reiternate the market sentiment towards the tech industry tend to be out of fear of AI. I am optimistic that India needs a vast amount of digital infrastructre in place either it is development of drones for defence or a simple government website there is a vast amount of infrastructure needs in Indian and no one is better positioned to capture this opportunity bettern than TCS. with skilled labout with vast domain knowledge and a reputation with the Indian public sector there is no shortage of business. The current price trend tends to orignate from the reduction in dollar revenue i.e, money flowing from USA market. Although it is true that the Global 500 are reducing their head count with increasing usage of AI all the manual work and quality assurance work will ultimately outsourced to India. My estimate is that the stock would zoom up towards 3500 in the next 3-4 months.