Thirteen out of 15 sectoral gauges compiled by the NSE traded higher, led by the NSE Nifty Media Index's 1.8% gains. On the flipside, the NSE Nifty Metal Index was the top sectoral loser, down 0.4%.
Prime Minister Netanyahu announced Israel's historic chance for peace talks with Lebanon, citing changes in regional power and US-led diplomatic efforts.
Such changes are effectively processed as selling the current holding and buying anew, which may result in exit load charges alongside tax consequences.
Bharti Airtel, HDFC Bank, Tata Steel, and SBI are likely to drive Nifty earnings; Dr Reddy's Labs, Cipla, Coal India,
Hindalco, and Interglobe Aviation are projected to drag the same, says Motilal Oswal