TCS among ICICI Securities’ top 5 bets with upside potential of up to 26% in 1 year – Nifty at 29,500 by 2026

ICICI Securities has outlined a long-term statistical roadmap for the Nifty, identifying a risk-reward range of 24,200 to 29,200 for CY-26. According to the brokerage, every major correction since COVID-19 has found stability around the 24,200 zone, making it a reliable support base.

On the upside, historical price action shows that strong market phases have touched the upper statistical band. Based on this trend, ICICI Securities projects 29,500 as a realistic upside level if bullish momentum sustains through 2026. Given this backdrop, ICICI Securities has also recommended its top 5 bets for a horizon of 12 months and with an upside potential of up to 26%: