Analyst Picks Three Stocks for Dussehra 2026 Investment

Investing on auspicious occasions is an old tradition in India, shifting over time from agricultural goods and livestock to digital assets and listed equities. For the upcoming Dussehra 2026 festival, market experts have outlined potential picks for retail portfolios.

Stock Recommendations

Mahesh M Ojha, VP of Research and Business Development at KC Securities, has recommended three specific large-cap shares for a one-year time horizon. The analyst expects a near-term turnaround on Dalal Street, noting that the average price-to-earnings ratio of the Nifty 50 and Sensex sits at roughly 19.50, which is below their five-year and ten-year median prices. The Bank Nifty index trades at an average P/E multiple of 13.25, placing it within its two-to-five-year average range of 12.50 to 16.70. For ICICI Bank, Ojha recommends a buy range of 1,360 to ₹1,380 with a target price of ₹1,650. Adani Ports is recommended for purchase between ₹1,740 and ₹1,765, carrying a target price of ₹2,050. Reliance Industries rounds out the list with a buy range of ₹1,195 to ₹1,202 and a target price of over ₹1,500.

Context

Major brokerage firms and analysts routinely issue festival-specific stock recommendations as retail participation historically increases during periods like Dussehra and Diwali. Large-cap companies are frequently suggested for long-term retail portfolios due to their established market presence and liquidity on the BSE and NSE.