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Hunting for Diwali winners? 8 brokerages name 58 stocks with big upside potential; Eternal, L&T among top picks

Economic Times 1 hr ago·3 Nov 2026, 4:54 am

Eight brokerages have collectively identified 58 stocks with significant upside potential for their Diwali 2026 portfolios. This list includes major names from sectors like banking, IT, and defence. Among the most frequently recommended stocks are Kotak Mahindra Bank, L&T, and Indian Hotels, which appear in multiple brokerage lists.

For investors, this signals a consensus view that these specific large-cap names could outperform the broader market in the coming year. Kotak Mahindra Bank, in particular, is highlighted by three different brokerages, suggesting strong institutional confidence in its growth trajectory and stability. This can serve as a reference point for building a diversified equity portfolio.

Investors should monitor the bank's quarterly earnings and its response to upcoming regulatory changes. While the collective optimism is noteworthy, it is essential to conduct your own research and align these picks with your personal risk tolerance and investment horizon before making any decisions.

Excerpt from Economic Times

Eight brokerages have shortlisted 58 stocks for their Diwali 2026 portfolios across sectors such as banking, IT, defence, automobiles and hospitality. Eternal, L&T and Indian Hotels are the most popular picks, featuring in four brokerage portfolios each, while Kotak Mahindra Bank appears in three. ICICI Bank, Tech…
Read the original at Economic Times

Affected stocks

Bullish7 stocks

Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.

Key takeaways

  • Concerns Kotak Mahindra Bank (KOTAKBANK).
  • Category: Stocks.
  • AI reads the tone as positive (potentially bullish) for the stock.
  • Assessed as a significant, market-relevant update.
  • Also mentions INDHOTEL, TECHM, ICICIBANK.

Why it matters

A meaningful update for Kotak Mahindra Bank worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.

Hunting for Diwali winners? 8 brokerages name 58 stocks with big upside potential; Eternal, L&T among top picks | Kotak Mahindra Bank (KOTAKBANK)