Trent, Bharat Electronics, and Canara Bank are set to benefit from the Nifty indices rebalancing on Friday. Divi’s Laboratories and LTIMindtree will exit the Nifty 50 index, likely facing selling pressure. The National Stock Exchange will also rebalance other indices like Nifty Bank and Nifty Next 50 based on semi-annual reviews.
Kharif sowing recovers after July rains
India’s kharif planting has rebounded impressively following beneficial rainfall in July. Farmers are keen to recover from the setbacks of a parched June, showcasing an