The National Stock Exchange of India hosts one of the most dynamic commodity-cycle markets in Asia. Tata Steel, Hindalco, JSW Steel and NMDC offer direct exposure to steel, copper and iron ore cycles with India's structural growth tailwind.
| # | Stock | Signal | Cycle return | Duration | Period |
|---|---|---|---|---|---|
| 1 | Tata SteelTATASTEEL | Steel HRC | 24 mnd | 2020-04 → 2022-04 | |
| 2 | Hindalco IndustriesHINDALCO | LME Copper / Aluminium | 24 mnd | 2020-04 → 2022-04 | |
| 3 | NMDCNMDC | Iron Ore | 20 mnd | 2020-04 → 2021-12 | |
| 4 | JSW SteelJSWSTEEL | Steel HRC | 22 mnd | 2020-04 → 2022-02 | |
| 5 | VedantaVEDL | LME Copper / Zinc | 24 mnd | 2020-04 → 2022-04 | |
| 6 | ONGCONGC | Brent Crude | 24 mnd | 2020-04 → 2022-04 | |
| 7 | Coal IndiaCOALINDIA | Thermal Coal | 20 mnd | 2020-04 → 2021-12 | |
| 8 | Reliance IndustriesRELIANCE | Brent Crude / PMI | 18 mnd | 2020-04 → 2021-10 | |
| 9 | UltraTech CementULTRACEMCO | Global PMI | 18 mnd | 2020-04 → 2021-10 | |
| 10 | Adani EnterprisesADANIENT | Brent / Coal | 30 mnd | 2020-04 → 2022-10 |