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That took the gauge, as of Monday’s close, to the weakest-ever level relative to the S&P 500 Index in data going back to 1987. The ratio has since recovered as the emerging-market benchmark rose more than 1% in Tuesday’s session.

Shares of the country’s largest miner closed over 5% higher at 303.25 rupees, and were the best performers on the Nifty 50, which itself ended with a near 1% gain. The shares are up by almost a third in three months, and experts believe there is further steam for the rally to continue in the near term.

Economist Manoranjan Sharma believes that the situation in the Middle East is evolving and could potentially escalate if the Israel-Palestinian conflict spills over to Iran and if China gets involved. This adds to the existing challenges of inflation and the ongoing Russia-Ukraine war. Sharma questions whether central banks will need to raise interest rates to control inflation, potentially affecting growth. He also highlights the impact of rising crude oil prices due to tensions in Russia and the Middle East, which could negatively impact investors and certain sectors.

Can Fin Homes Ltd., incorporated in the year 1987, is a Mid Cap company (having a market cap of Rs 10149.67 Crore) operating in NBFC sector.

For the September quarter, which is traditionally strong for the sector, TCS is seen reporting a mere 1.4% sequential growth in consolidated revenue to Rs 60,218 crore, according to the average of estimates by eight brokerage firms. But on a year-on-year (YoY) basis, the topline is seen rising nearly 9%. Consolidated net profit is seen rising 3% sequentially and over 9% YoY to Rs 11,404 crore in the quarter, the estimates showed.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 16.45 per cent and 13.13 per cent, respectively.

Last month, Nomura had also upgraded the Indian equity market to overweight status saying that valuations may remain expensive. In August, Morgan Stanley had upgraded India to overweight rating and ranked India as the No. 1 market in its basket of Asian emerging markets ex-Japan on the back of a structural uptrend and secular leadership.

The realty stock hit a 52-week high of Rs 564 on 10 October 2023. The stock has been in a strong uptrend after it surpassed the 2009 high of Rs 490 on 31st August 2023.

A decade ago, tenants were attracted to India because of its cost arbitrage, but it has evolved as a key market for the execution of ideas conceptualized in the US due to the availability of skilled personnel.

Sanjiv Bhasin, Director of IIFL Securities, recommends investing in fertiliser stocks such as Chambal and GNFC, which have shown strong momentum. He also suggests a positional play on SRF. Bhasin believes that the recent market pullback was temporary and expects the market to rebound strongly due to falling bond yields in the US and foreign investors turning overweight on India. Bhasin also discusses the positive impact of increased farmer cash support on fertiliser stocks and the potential for growth in the real estate sector.