Stocks to Watch Today 26 May 2026: Ankit Jaiswal of Univest Picks Ion Exchange, Fedbank Financial, Bank of Baroda, Honasa Consumer and Swiggy

The stocks to watch today on 26 May 2026 are selected by Ankit Jaiswal, Senior Research Analyst at Univest. The top event today is Ion Exchange’s board meeting for FY26 audited results and dividend, making it the highest-priority catalyst pick in today’s list. The Nifty PSU Bank index advanced 1.58 percent to 6,191.95 today, adding tailwinds for Bank of Baroda. Nifty spot is around 23,693 on 26 May, the Teamtech Formwork Solutions IPO also lists today on NSE SME at 9:15 AM. Today’s five picks span water treatment, NBFC lending, PSU banking, digital FMCG and food delivery.

Market Context for Stocks to Watch Today 26 May 2026

• Nifty Previous Close (25 May): 23,719
• Nifty Spot (26 May): ~23,693 | Nifty PSU Bank index: +1.58% to 6,191.95, key tailwind for Bank of Baroda
• Key event TODAY: Ion Exchange board meeting for FY26 audited results and dividend consideration
• Also today: Teamtech Formwork Solutions IPO lists on NSE SME at 9:15 AM | Petrol at Rs 102.12 in Delhi after fourth hike in 10 days

Track all stocks to watch today live on the .

Stocks to Watch Today: All 5 Picks for 26 May 2026

1. Ion Exchange (India) (NSE: IONEXCHANG) — Board Meeting TODAY for FY26 Results and Dividend, Top Pick

CMP: Rs 408  |  52W High: Rs 580.75  |  52W Low: Rs 312.70  |  PE: ~31x  |  Market Cap: ~Rs 5,984 crore  |  Face Value: Rs 1

Ion Exchange is the top stock to watch today because its board of directors meets TODAY (26 May 2026) to approve Q4 FY26 and FY26 full-year audited financial results, and to consider and recommend a dividend for the financial year ended 31 March 2026. Board meeting days for results and dividend announcements are among the highest-impact single-day catalysts for a stock, especially one in a high-growth sectoral theme like water treatment infrastructure.

Ion Exchange (India) Limited is India’s pioneer in water treatment and ion exchange technology, a 60-plus year old company serving industrial, municipal and institutional water treatment needs. The company provides comprehensive water management solutions including demineralisation plants, effluent treatment, ultrafiltration and reverse osmosis systems. On 29 April 2026, Ion Exchange signed a technology transfer deal with MANN+HUMMEL, a global filtration technology company, for PVDF ultrafiltration membranes and MBR (Membrane Bio-Reactor) systems, a direct upgrade to its water treatment technology portfolio. At Rs 408, the stock is 29.8 percent below its 52-week high of Rs 580.75 with meaningful recovery potential if FY26 results beat estimates.

• Entry Zone: Rs 400 to Rs 412
• Target: Rs 465 to Rs 490 (1 to 2 months, post FY26 results)
• Stop-Loss: Rs 378 weekly close
• Catalyst: Board meeting TODAY, FY26 results + dividend. MANN+HUMMEL PVDF UF membrane deal 29 April. 29.8% below 52W high.

Track Ion Exchange share price and FY26 results live on the .

2. Fedbank Financial Services (NSE: FEDFINA) — Q4 FY26 NII +22.6%, AUM Rs 20,153 Crore, Morgan Stanley Investor Meeting

CMP: Rs 165  |  52W High: Rs 178.48  |  52W Low: Rs 92.13  |  PE: 16.88x  |  PB: ~2x  |  Market Cap: ~Rs 6,174 crore

Fedbank Financial Services is the NBFC stock to watch today following a strong Q4 FY26 performance and active institutional engagement. Q4 FY26 net interest income (NII) grew 22.6 percent year on year to Rs 342.7 crore. Operating profit improved 24 percent year on year to Rs 162.8 crore. Profit before tax jumped 36.7 percent year on year to Rs 134.9 crore. AUM stood at Rs 20,153 crore as of 31 March 2026, up 27.5 percent year on year.

Fedbank Financial Services (FedFina) is a subsidiary of Federal Bank, one of India’s strongest private sector banks. The Federal Bank parentage provides FedFina with low-cost funding access, a 694-branch distribution network and strong governance standards. The gross NPA ratio improved to 1.9 percent in Q4 FY26 from 2.1 percent in Q3 FY26, showing asset quality moving in the right direction. On 15 May 2026, FedFina held one-on-one investor meetings with Morgan Stanley and Goldman Sachs in Mumbai, and attended a Centrum Broking analyst meeting on 21 May, institutional engagement at this level ahead of a potential re-rating is a positive signal. At Rs 165, the stock is 7.6 percent below its 52-week high of Rs 178.48.

• Entry Zone: Rs 160 to Rs 167
• Target: Rs 185 to Rs 195 (1 to 2 months)
• Stop-Loss: Rs 150 weekly close
• Catalyst: Q4 FY26 NII +22.6%, AUM +27.5%, NPA improving to 1.9%. Morgan Stanley and Goldman Sachs meetings 15 May. 7.6% below 52W high.

Tap to Access Best Research Pieces on Univest

3. Bank of Baroda (NSE: BANKBARODA) — PSU Bank Rally Today, PE 6.8x, Dividend Yield 3.26%

CMP: Rs 272  |  52W High: Rs 325.50  |  52W Low: Rs 230.52  |  PE: ~6.8x  |  PB: ~0.88x  |  Market Cap: ~Rs 1,40,900 crore  |  Dividend Yield: 3.26%

Bank of Baroda is the PSU banking stock to watch today as the Nifty PSU Bank index advances 1.58 percent to 6,191.95 on 26 May 2026. Bank of Baroda was among the top movers in the PSU Bank index today, gaining 1.89 percent in the session. At Rs 272, Bank of Baroda trades at just 6.8 times PE and 0.88 times book value, making it one of the most attractively valued large-cap banks in India on both metrics.

Bank of Baroda is India’s second-largest PSU bank with a market cap of approximately Rs 1,40,900 crore. The 3.26 percent dividend yield at Rs 272 provides an income floor, making this a double-play of capital appreciation and income return. The stock is 16.5 percent below its 52-week high of Rs 325.50 and 18.2 percent above its 52-week low of Rs 230.52. With the Nifty PSU Bank index having declined 7.09 percent in the five sessions before today, today’s 1.58 percent rally represents a mean reversion bounce that Bank of Baroda is leading. At Rs 272 and 0.88 times book, the downside is structurally cushioned.

• Entry Zone: Rs 268 to Rs 274
• Target: Rs 295 to Rs 308 (1 to 2 months)
• Stop-Loss: Rs 255 weekly close
• Catalyst: PSU Bank index +1.58% today. PE 6.8x deep value. PB 0.88x below book. Dividend yield 3.26%. 16.5% below 52W high.

4. Honasa Consumer (NSE: HONASA) — Rs 391, Near 52-Week High, Q4 FY26 PAT Up 177%, CLSA Target Rs 434

CMP: Rs 391  |  52W High: Rs 398  |  52W Low: Rs 248.40  |  PE: ~76x  |  Market Cap: ~Rs 11,668 crore  |  Q4 FY26 PAT: Rs 69.4 crore (+177.6% YoY)

Honasa Consumer is the digital FMCG stock to watch today at Rs 391, just Rs 7 below its 52-week high of Rs 398. The stock is consolidating at the top of its 52-week range after surging 12 percent post Q4 FY26 results on 21 May. Q4 FY26 net profit surged 177.6 percent year on year to Rs 69.4 crore. EBITDA margin improved to 11.8 percent from 5.1 percent in Q4 FY25. Revenue grew 23.1 percent year on year to Rs 657 crore. Full-year FY26 revenue was Rs 2,145.68 crore with full-year PAT of Rs 72.69 crore.

CLSA has retained an Outperform rating with target Rs 434, 11 percent upside from Rs 391. Jefferies has a Buy with target Rs 565, implying 44.5 percent upside. Honasa owns Mamaearth, The Derma Co, Aqualogica and BBlunt, brands that have consistently grown faster than the broader FMCG sector. Volume growth was 30 percent year on year in Q4, the highest in recent quarters. At Rs 391 and near the 52-week high of Rs 398, a sustained close above Rs 398 would be a technical breakout into new 52-week high territory, which could attract momentum buyers.

• Entry Zone: Rs 383 to Rs 393 on any intraday dip
• Target: Rs 425 to Rs 445 (2 to 3 months, CLSA target Rs 434)
• Stop-Loss: Rs 365 weekly close
• Catalyst: Q4 FY26 PAT +177.6%. EBITDA margin 11.8%. CLSA target Rs 434. Jefferies target Rs 565. Near 52W high breakout zone.

5. Swiggy (NSE: SWIGGY) — Rs 249, Near 52-Week Low, Instamart 35-40% FY27 Growth, Contrarian Watch

CMP: Rs 249  |  52W High: Rs 474  |  52W Low: Rs 247.30  |  Market Cap: ~Rs 68,661 crore  |  1-Year Return: -20.39%  |  PE: Negative (loss-making)

Swiggy is Ankit Jaiswal’s contrarian stock to watch today at Rs 249, just Rs 1.70 above its 52-week low of Rs 247.30. The stock has fallen 47.5 percent from its 52-week high of Rs 474 and sits at an extreme lower end of its one-year range. The petrol hike to Rs 102.12 in Delhi after the fourth fuel hike in 10 days actually works partially in Swiggy’s favour, higher petrol costs make consumers more likely to order food delivery rather than drive out, supporting order frequency for Swiggy and Zomato.

Swiggy’s Instamart quick commerce division is guiding 35 to 40 percent order volume growth for FY27. Zomato (Eternal) also trades near Rs 250, giving Swiggy near-parity pricing despite having a broader product portfolio that includes Instamart, dining out, Snacc social commerce and Swiggy Genie. At Rs 68,661 crore market cap, the market is pricing Swiggy as a structurally loss-making business. The contrarian case: as Instamart scales and operating leverage kicks in, the path to profitability accelerates. Rs 247.30 is the hard technical support, the 52-week low tested multiple times. A break below Rs 247 on closing basis is the stop-loss signal. Apply strict position sizing, this is a high-risk contrarian, not a high-conviction fundamental pick.

• Entry Zone: Rs 247 to Rs 253 (52W low support zone)
• Target: Rs 290 to Rs 310 (2 to 4 months)
• Stop-Loss: Rs 240 weekly close (below 52W low support)
• Catalyst: Near 52W low, asymmetric risk-reward. Instamart FY27 order growth 35-40%. Petrol hike at Rs 102 supports delivery order frequency.

Risk Factors for Stocks to Watch Today

• Ion Exchange results risk: Board meets today. Any miss versus Q3 FY26 run-rate or missed dividend could trigger selling. Apply stop-loss at Rs 378 before holding through results.
• PSU bank volatility: Bank of Baroda is part of the PSU bank rally, these can reverse quickly. The index had declined 7.09% in five sessions before today’s 1.58% bounce. Not a trend, watch daily closes.
• Honasa near 52W high: At Rs 391, the stock is Rs 7 below its 52-week high of Rs 398. Resistance at Rs 398 is real. Buy on dips toward Rs 383 rather than chasing at Rs 391.
• Swiggy is loss-making: Size position at 25 to 30 percent of normal allocation. Stop-loss at Rs 240 weekly close is non-negotiable.
• Petrol at Rs 102 in Delhi: Fourth hike in 10 days, inflation is rising. This compresses consumer discretionary spending. Monitor impact on FMCG and delivery stocks.

Conclusion

The stocks to watch today on 26 May 2026 from Ankit Jaiswal of Univest: Ion Exchange (Rs 408, board TODAY for FY26 results and dividend, top catalyst pick), Fedbank Financial Services (Rs 165, Q4 NII +22.6%, AUM +27.5%, institutional meetings), Bank of Baroda (Rs 272, PSU bank rally +1.89% today, PE 6.8x, dividend yield 3.26%), Honasa Consumer (Rs 391, Q4 PAT +177.6%, CLSA target Rs 434, near 52W high) and Swiggy (Rs 249, near 52W low, contrarian quick commerce watch). Consult a SEBI-registered advisor before acting on any of these stocks to watch today.

Disclaimer: This article is for informational and educational purposes only. Nothing in this article constitutes investment advice, a recommendation to buy or sell securities, or a solicitation of any offer to buy or sell securities. Univest is a SEBI-registered research analyst (INH000014019). Readers should conduct their own research and consult a SEBI-registered investment advisor before making any investment decisions. Past performance of any stock or sector is not indicative of future results. Investments in equity markets are subject to market risks.

FAQs on Stocks to Watch Today 26 May 2026

Which are the stocks to watch today on 26 May 2026?

Ans. Stocks to watch today per Ankit Jaiswal: Ion Exchange (Rs 408, board TODAY for FY26 results and dividend), Fedbank Financial Services (Rs 165, Q4 NII +22.6%, AUM Rs 20,153 crore), Bank of Baroda (Rs 272, PSU bank rally today, PE 6.8x), Honasa Consumer (Rs 391, Q4 PAT +177.6%, CLSA target Rs 434) and Swiggy (Rs 249, near 52W low contrarian).

Why is Ion Exchange the top stock to watch today?

Ans. Ion Exchange board meets TODAY (26 May 2026) for FY26 audited results and dividend consideration. The stock is at Rs 408, 29.8% below its 52-week high of Rs 580.75. A technology transfer deal was signed with MANN+HUMMEL on 29 April 2026 for PVDF UF membranes and MBR systems. Board meeting days for results and dividend announcements are among the highest-impact single-day catalysts for a stock.

Why is Bank of Baroda in the stocks to watch today list at Rs 272?

Ans. Bank of Baroda is gaining 1.89% on 26 May as the Nifty PSU Bank index rallies 1.58% to 6,191.95, the index had declined 7.09% in the previous five sessions. At Rs 272, Bank of Baroda trades at PE 6.8x and PB 0.88x with a 3.26% dividend yield, one of the cheapest large-cap banks in India. The stock is 16.5% below its 52-week high of Rs 325.50.

What is the Fedbank Financial Services Q4 FY26 performance?

Ans. Fedbank Financial Services Q4 FY26: NII Rs 342.7 crore (+22.6% YoY), operating profit +24% YoY to Rs 162.8 crore, PBT Rs 134.9 crore (+36.7% YoY). Gross NPA improved to 1.9% from 2.1% in Q3 FY26. AUM Rs 20,153 crore (+27.5% YoY). Morgan Stanley and Goldman Sachs investor meetings held on 15 May 2026. CMP Rs 165 is 7.6% below 52-week high of Rs 178.48.

Should I buy Swiggy at Rs 249?

Ans. Swiggy at Rs 249 is Rs 1.70 above its 52-week low of Rs 247.30, an extreme lower-range entry. Instamart is guiding 35-40% FY27 order volume growth. Petrol at Rs 102 supports delivery order frequency. This is a high-risk contrarian pick only, size position at 25-30% of normal. Stop-loss at Rs 240 weekly close is non-negotiable. Consult a SEBI-registered advisor before investing.