India's oldest gold ETF, Nippon India ETF Gold BeES, has delivered an impressive 950% return since 2007, transforming a Rs 10 lakh investment into over Rs 1 crore. This remarkable performance coincides with gold's record-breaking surge globally and domestically, driven by inflation, geopolitical concerns, and de-dollarization trends.

Reliance Industries, despite its massive market capitalization, ranks third in Nifty 50 index weight due to its lower free-float shares. Banks like HDFC Bank and ICICI Bank hold higher weights because a larger portion of their stock is available for public trading, influencing the index more significantly.

Ace investor Ashish Kacholia added Jain Resource Recycling to his portfolio, marking a 50-stock milestone; the smallcap IPO surged 41% post-listing, with Kacholia holding 1.14% valued at Rs 128 crore. He was allotted these shares in a pre-IPO offer. The company is engaged in recycling and manufacturing non-ferrous metals such as lead, copper and aluminium.

Investor Vijay Kedia acquired a Rs 11 crore stake in Eimco Elecon, buying 57,400 shares at Rs 1,906.71 each. The stock, down 34% in a year, surged 5% post-purchase.

NYU’s Aswath Damodaran warns that while U.S. stocks appear richly valued, timing a correction is risky. He highlights rising valuations, driven by major tech stocks, and offers five strategies for investors. Damodaran stresses that even when markets look overpriced, predicting corrections is highly uncertain and requires careful planning.

JSW Cement shares rose 3% to Rs 142.70 after Jefferies initiated coverage with a target price of Rs 170, signaling 23% upside. The brokerage expects 35% EBITDA CAGR over FY25-28, supported by IPO proceeds of Rs 1,600 crore. JSW leads India’s GGBS market, driving strong margins, and plans rapid expansion into North India to boost growth and profitability.

The GST cut has boosted India’s auto sector, with tractors leading a 50% YoY surge and two-wheelers, PVs, and LCVs also gaining. Analysts see early festive-season traction, rural demand recovery, and strong OEM sales driving near-term growth, highlighting potential stock opportunities in tractors, PVs, two-wheelers, and auto ancillaries.

Over the past year, markets have moved sideways, on account of moderating earnings growth, stretched valuations, global geopolitical headwinds, and relative attractiveness of other markets.

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Foreign investors have sold a record $18 billion in Indian equities, with Nifty futures positioning collapsing to near all-time lows. However, market veterans suggest this extreme pessimism could signal a contrarian opportunity for a near-term rebound. Domestic investors remain confident, providing crucial support amidst global uncertainties and valuation concerns.

Jefferies says planned expansions by leading hospital chains will not cause overcapacity in India, citing strong demand and low bed density compared to global standards. With about 32,000 beds to be added, the brokerage is bullish on Max Health, citing attractive valuations and robust growth prospects amid rising healthcare demand.