The demand is based on a recent stress test held on January 25, and BSE has been asked to provide the required contribution by February 28, one of the sources cited said.
The brokerage said the estimated Price to Earnings ratio - a popular valuation measure - at 19 times is near its five-year average, while foreign investors are most underweight in 15 years.
Some of its top picks include Devyani International, Sapphire Foods, Westlife Development, Varun Beverages, Zomato, M&M, TVS Motor, Kotak Bank, ICICI Bank, Bajaj Finance, HDFC AMC, KFin Technologies, LIC Housing Finance, Shriram Finance, SBI Life Insurance, HDFC Life Insurance, ICICI Lombard General, Mankind Pharma, Max Healthcare, Rainbow Children's Medicare, Fortis Healthcare, DLF, Godrej Properties and Oberoi Realty.
Central-bank demand may average 50 tons a month, more than previously expected, analysts Lina Thomas and Daan Struyven said in a note. Should uncertainty over economic policy persist, including on tariffs, bullion could hit $3,300 an ounce on higher speculative positioning, they said. The latter figure implies an annual gain of 26%. Spot gold was at $2,931 on Tuesday at 2300 IST.
With egg prices soaring, the Trump administration is planning a new strategy for fighting bird flu that stresses vaccinations and tighter biosecurity instead of killing off millions of chickens when the disease strikes a flock.
Three downtown Naperville restaurants/shops, including Bev's at Washington Street and Jackson Avenue, have closed. The others are Effin Egg and Sweet Home Gelato.
