New Delhi, April 29 -- The Nifty 50 index is expected to have an upside of 8 per cent to touch the 26000 target over the next one year, according to a report by UBS.

The report also maintained positive stance on consumption-oriented sectors, including retail, staples, two-wheelers (2Ws), and travel. It also maintains a constructive view on financials, real estate, cement, and hospitals.

It said "Expect 8 per cent upside in NIFTY 50 Bottom-up analysis suggests 8% upside in the NIFTY 50 to a one-year target of 26,000. We are positive on most consumption-oriented sectors spanning retail, staples, two wheelers (2Ws) and travel. We are also positive on financials, real estate, cement and hospitals".

The firm, however, is less optimistic abo...