Others likely to feature in the index and benefit from global passive fund inflows are Polycab India and Tata Communications, wealth firm Nuvama Alternative & Quantitative Research said.
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening.
Wells Fargo upgraded its outlook on US AI infrastructure stocks to neutral from negative, citing improved valuations after a steep semiconductor sell-off. However, it warned
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