As ICICI Bank approaches HDFC Bank’s Nifty index dominance, the dynamics of the market are changing. HDFC Bank’s index weight has dropped considerably this year, while ICICI Bank’s influence has grown. At the same time, Reliance Industries has seen its weight fall, increasing the distance between it and ICICI Bank. Still, Reliance proudly holds the title of the largest company in market capitalization.
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
October 23, 2026