Chips of smaller nodes are faster and more profitable, but their factories can cost as much as a nuclear power plant
CHIPS Act is a win for a cabal of US chipmakers and foreign companies, but largely ignores the nation's true semiconductor leaders who have been propping up the domestic sector for two decades
It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses
While the global index provider hasn't added or deleted any Indian stocks, it has reduced weights of bluechip firms RIL, Infosys and HDFC
On a year-to-date (YTD) basis, the small-cap and mid-cap indices have gained 18 per cent and 20 per cent, respectively
All these counters witnessed aggressive buying for foreign portfolio investors
A level playing field for new entrants is opening up
Sundaram Bluechip Fund is an open-ended equity scheme predominantly investing in large cap blue chip stocks
Change effective March 27; NSE also moves Vodafone Idea, Indiabulls Housing Finance out of Nifty Next 50, brings in Torrent Pharma, Adani Transmission
Among the top 10 firms, TCS was the worst hit as its m- cap slumped Rs 11,408.78 crore to Rs 4,87,119.34 crore