In September, Trent and Bharat Electronics (BEL) were expected to be added to the Nifty index, replacing LTIMindtree and Divi’s Labs, said Nuvama Alternative & Quantitative Research. This reshuffling could bring in substantial capital. An official announcement was anticipated in August, and Zomato and Jio Financial might also be included if approved by Sebi.
Range-bound trend likely as investors shift focus beyond heavyweights: Narendra Solanki
Indian markets are stabilizing as earnings season unfolds. Early IT sector results have lowered expectations. The market is now shifting focus to broader sectors and