Wall Street major Goldman Sachs sees the Nifty 50 rebounding to 26,500 by June 2027, a level above its current record high of 26,373, as it turns more constructive on India following an improvement in the recent macro backdrop. The Wall Street major has identified 15 large-cap stocks that it believes are well placed to benefit from key themes and catalysts in the second half of the year.
Reliance Industries
Reliance Industries has fallen 17% YTD. The company is India's largest conglomerate with businesses spanning energy, petrochemicals, retail and telecommunications.
HDFC Bank
HDFC Bank has fallen 17% this year. It is India's largest private sector bank, offering a wide range of retail and corporate banking services.
Adani Power
Adani Power has risen 45% in 2026. The company is one of India's largest private thermal power producers.
Adani Enterprises
Adani Enterprises has risen 40% this year. It is the flagship company of the Adani Group with businesses across infrastructure, mining, airports and new energy.
Kotak Mahindra Bank
Kotak Mahindra Bank has fallen over 5% in the last month. The lender provides banking, wealth management and financial services across retail and corporate segments.
NTPC
NTPC has risen 6% in 2026. It is India's largest power generation company with a diversified portfolio across thermal and renewable energy.
Hindustan Aeronautics (HAL)
Hindustan Aeronautics has fallen 8% in the last one year. The defence PSU manufactures aircraft, helicopters and aerospace systems for India's armed forces.
Eternal
Eternal has risen 6% in the last one year. The company operates food delivery, quick commerce and related digital consumer businesses.
Power Grid Corporation of India
Power Grid Corporation has risen 7% YTD. The state-owned company is India's largest electric power transmission utility.
Adani Green Energy
Adani Green Energy has risen 51% on a YTD basis. The company develops, owns and operates utility-scale renewable energy projects across India.
InterGlobe Aviation (IndiGo)
InterGlobe Aviation has risen 10% in the last six months. The company operates IndiGo, India's largest airline by market share.
HDFC Life Insurance
HDFC Life Insurance has fallen 24% in 2026. The company is one of India's leading life insurers, offering protection, savings and investment products.
Indian Hotels Company
Indian Hotels share price has risen 9% in the last six months. The Tata Group company owns and operates hotels, resorts and hospitality brands, including Taj.
