Given relative values, Indian markets' trailing outperformance may take a respite in H1CY23. Today's equities to watch are DLF, Tata Motors, and Shriram Finance. Indian share market outperformance is likely to take a breather in the first half of 2023, given relative valuations. However, India is still expected to have better growth than most parts of EM due to a relatively strong macro environment, analysts said. The market staged a smart recovery in the last week of 2022. The BSE Sensex rallied nearly 1,000 points to 60,841, and Nifty 50 jumped nearly 300 points to 18,105 levels. “Q3 results and the upcoming Union Budget could provide much-needed fresh positive triggers to Indian equities. Auto sector is likely to be in focus this week on back monthly auto sales data. Metals too will be in focus after China announced to raise export duty on metals,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services. DLF: The business would take appropriate legal action in response to the New Okhla Industrial Development Authority's (Noida) demand for payment of more than Rs 234 crore, which is approximately half of the company's Rs 487 crore net profit declared for the quarter ended September 30, 2022. The lawsuit concerns a plot of land of 54320.18 square metres that DLF obtained in an open auction held by Noida in Sector-18 of Noida in the NCR in 2004, which currently houses Mall of India. HG Infra Engineering: The company emerged the L1 bidder for a DMRC (Delhi Metro Rail Corporation) project. The bid was for Rs 412.11 crore, and the construction period is 24 months.