The Indian market is expected to consolidate on Tuesday due to mixed global cues. Nifty futures closed lower, and options data suggests a trading range between 22,000 to 23,000. Experts recommend stocks for short-term traders, with buy recommendations for Cholamandalam Investment, Kotak Mahindra Bank, SBI Cards, and Amber Enterprises, while advising sell positions on Infosys, Grasim Industries, and Tech Mahindra.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays