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ICICI Securities says Nifty may touch 29,200 in 2026: A look at top stock picks

Published on 18/12/2025 02:09 PM

ICICI Securities says Nifty may touch 29,200 in 2026: A look at top stock picksNifty may hit 29200 as trade resolution boosts sentiment. BFSI, FMCG, healthcare, power, and technology lead gains. Top picks include Bank of India, Marico, UltraTech Cement, TCS, Sun Pharma.By Mangalam Maloo   |  Srabastee Biswas  December 18, 2025, 2:09:56 PM IST (Updated)2 Min ReadIndian equity markets could see further upside, with the Nifty’s bullish case pegged at 29,200, supported by expectations of a favourable trade resolution acting as a key market catalyst, according to ICICI Securities market outlook notes.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers