Diwali stocks 2026: Tata Steel, MCX, IHCL and 8 more to add sparkle to shares portfolio in Samvat 2083 | Full list
Tata Steel secured new business.
· LiveMint Markets
SBI Securities expects a gradual recovery in Indian equities in Samvat 2083 and names 11 stocks as potential opportunities. Its picks span metals, hotels, finance, engineering, power, electronics and automotive components.
The analysis
Against that, the stock is +0.1% on the day at ₹169.46, and has returned -9.5% over three months. It sits 23% below its 52-week high. The metals & mining sector has moved -8.2% over the same period, so Tata Steel is running 1.3 points behind its peers.
For Tata Steel, the question is how much of this is already reflected in the price and how much re-rates the metals & mining peer set alongside it.
Market context
- In focus: Tata Steel (TATASTEEL), in Metals & Mining.
- On the day, 2 of 2 are higher: State Bank of India (SBI) leads at +1.6% and Tata Steel trails at +0.1%.
- Over three months: Tata Steel -9.5% against Metals & Mining -8.2% (1.3 points behind); State Bank of India (SBI) -4.1% against Banks -4.9% (0.8 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata SteelTATASTEEL · Metals & Mining | ₹169.46 | +0.1% | -9.9% | -9.5% | -23.4% | 0.6× | — |
| State Bank of India (SBI)SBIN · Banks | ₹971.90 | +1.6% | +0.8% | -4.1% | -20.8% | 0.9× | — |
Metals & Mining
1M -8.6% · 3M -8.2%
Tata Steel
Banks
1M -0.9% · 3M -4.9%
State Bank of India (SBI)
Power
1M -5.4% · 3M -12.9%
Hotels & Restaurants
1M -2.0% · 3M 0.0%
Prices as of 29 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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