Leading brokerages like Jefferies and Motilal Oswal have identified high-conviction stock picks for 2026, anticipating significant surges. Their recommendations focus on sectors like financialization of savings, quick commerce, and pharmaceuticals. Specific picks include Eternal Ltd. (Zomato Blinkit), with a target price indicating a 46% increase due to its inventory-led model, and HCL Technologies, expected to grow from IT services and ER&D, with AI offerings contributing to revenue.