Gujarat Fluoro is capable of addressing 70% of the total value requirement for LFP batteries, establishing the company as a critical player in the evolving non-Chinese global supply chain, adds the brokerage.
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Gujarat Fluoro is capable of addressing 70% of the total value requirement for LFP batteries, establishing the company as a critical player in the evolving non-Chinese global supply chain, adds the brokerage.

India faces mounting inflation risks as crude oil prices remain elevated amid Middle East tensions, according to Steve Englander of Standard Chartered Bank. He also flags currency pressure, foreign capital flows, and global uncertainty as key concerns for the Indian economy

PM Modi emphasised technology and innovation as sources of power that should create opportunities for millions at the Bloomberg New Economy Forum.

"Whether we will get it right and meet the numbers in two years or three years is not the point. The point is that chips are going to be fundamentally required," Chandrasekaran said.

The biggest push came from information technology. Nifty IT rose more than 3% in morning trade, with all 10 constituents in the green early in the session.

On India, Gray said his firm plans to deploy more capital because of its young and large population, English-language proficiency, engineering and technology graduates, and a pro-growth government.

The Hyderabad Police Commissioner also shared a video explaining how the scam works and how citizens can protect themselves.

The rally comes even as global markets undergo a massive semiconductor selloff, which dragged South Korean index Kospi down more than 6% to its lowest level since July 3.

The brokerage highlighted that HCLTech delivered one of its cleanest quarters in a while, revenue of $3,724 million grew 2.3% QoQ and 2.6% YoY in constant currency, with services up 3% QoQ and 4% YoY

The company's quarterly performance was supported by higher revenue and operating profitability, while management's revised FY27 revenue guidance and commentary on demand, deal wins and margins remained key focus areas for investors.

Q2 Results Live: Tata Elxsi, ICICI Prudential Life Insurance, Anand Rathi Share and Stock Brokers and 19 other companies will announce their Q2 FY27 earnings today, October 13. Track every earnings update live on NDTV Profit.

Prime Minister Narendra Modi will attend and address the Bloomberg New Economy Forum in New Delhi starting at 10:00 am on Tuesday.