By vmg@gmail.com 
Paytm, Sequent, Bharat Forge, CONCOR Among Nirmal Bang’s New Year 2026 Stock Picks
Brokerage firm Nirmal Bang Securities has unveiled its Technical New Year Picks 2026, highlighting a basket of large-cap, mid-cap, and small-cap stocks that could deliver returns of up to 50 per cent, based purely on technical indicators.
The list spans multiple sectors such as capital goods, automobiles, banking, logistics, IT services, and digital payments, offering investors diversified opportunities as the new year begins.
📊 Large-Cap Stock Picks for 2026
🔹 SRF Ltd
- CMP: ₹3,110
- Add-on Level: ₹2,940
- Target Price: ₹4,180
- Stop Loss: ₹2,700
- Potential Upside: 34%
SRF remains technically strong, with the brokerage highlighting steady momentum and favourable chart patterns.
🔹 Bharat Forge
- CMP: ₹1,446
- Add-on Level: ₹1,330
- Target Price: ₹1,870
- Stop Loss: ₹1,230
- Potential Upside: 29%
Bharat Forge features as a key automobile-sector pick, supported by improving technical strength and long-term trend stability.
🏗️ Capital Goods & Infrastructure Picks
🔹 RR Kabel
- CMP: ₹1,492
- Add-on Level: ₹1,440
- Target Price: ₹1,820
- Stop Loss: ₹1,370
🔹 Container Corporation of India (CONCOR)
- CMP: ₹520
- Add-on on Dips: ₹480
- Target Price: ₹770
- Stop Loss: ₹440
- Potential Upside: 48%
CONCOR stands out as one of the highest upside large-cap ideas, driven by strong breakout patterns on technical charts.
🏦 Banking & Auto Sector Picks
🔹 Bank of Baroda
- CMP: ₹288
- Add-on Level: ₹275
- Target Price: ₹360
- Stop Loss: ₹260
🔹 Bajaj Auto
- CMP: ₹9,078
- Add-on Level: ₹8,650
- Target Price: ₹10,900
- Stop Loss: ₹8,200
Both stocks are expected to benefit from sectoral momentum and favourable risk-reward setups.
🚀 Mid & Small-Cap Stocks With Highest Upside Potential
🔹 Sequent Scientific
- CMP: ₹213
- Add-on Level: ₹195
- Target Price: ₹320
- Stop Loss: ₹176
- Potential Upside: 50%
Sequent Scientific tops the list in terms of return potential, making it a key small-cap bet for 2026.
🔹 Birlasoft (BSOFT)
- CMP: ₹448
- Target Price: ₹600
- Stop Loss: ₹400
🔹 NBCC (India) Ltd
- CMP: ₹121
- Target Price: ₹155
- Stop Loss: ₹96
💳 Paytm (One 97 Communications): Digital Payments Bet
Digital payments major Paytm also finds a place in Nirmal Bang’s New Year picks.
- CMP: ₹1,318
- Add-on Level: ₹1,220
- Target Price: ₹1,870
- Stop Loss: ₹1,095
- Potential Upside: 42%
The brokerage believes Paytm’s chart structure indicates a sustained uptrend, supported by higher volumes and improving sentiment.
📋 Summary Table: Nirmal Bang New Year Picks 2026
| Stock | CMP (₹) | Target (₹) | Stop Loss (₹) | Potential Upside |
|---|---|---|---|---|
| SRF | 3,110 | 4,180 | 2,700 | 34% |
| Bharat Forge | 1,446 | 1,870 | 1,230 | 29% |
| RR Kabel | 1,492 | 1,820 | 1,370 | — |
| CONCOR | 520 | 770 | 440 | 48% |
| Bank of Baroda | 288 | 360 | 260 | — |
| Bajaj Auto | 9,078 | 10,900 | 8,200 | — |
| Sequent Scientific | 213 | 320 | 176 | 50% |
| Birlasoft | 448 | 600 | 400 | — |
| NBCC | 121 | 155 | 96 | — |
| Paytm | 1,318 | 1,870 | 1,095 | 42% |
🧠 Investor Takeaway
Nirmal Bang’s Technical New Year Picks 2026 offer a balanced mix of stability and high-growth opportunities, with Sequent Scientific, CONCOR, and Paytm emerging as the top upside candidates.
However, investors should:
- Follow strict stop-loss discipline
- Align trades with personal risk appetite
- Remember that these recommendations are technical-based, not long-term fundamental calls
⚠️ Disclaimer
This article is for informational purposes only and should not be considered investment advice. Investors are advised to consult a certified financial advisor before making investment decisions.