Crude is rising, dollar is strengthening again, US bond yields are rising, the US-China trade deal is not so good for India at least sentimentally and from a flows perspective, and the recent geopolitical stress has also taken out some shine from India. Valuation premiums could contract for India in the near to medium term and given that we do not have much upside room in terms of valuation left, we could be in a very narrow range market.
Prestige Estates among top 3 real estate stock picks by Axis Securities for FY26
Axis Securities stays bullish on real estate for FY26, citing strong booking growth, resilient demand, and robust project pipelines. Top picks include Prestige Estates, SignatureGlobal,