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​Also, there is a renewed worry about supply because, of course, of the very wide US budget deficit. So, I think it is a combination of those two.

"Capex has come back for sure, be it government capex and of course, followed by private capex. Importantly, sectors like BFSI, which are beneficiaries of not only capex, but also consumption and credit growth, is one of the favourite sectors to be in. Yes, it is a crowded trade, but banks had a good round of correction and consolidation in the past couple of months."

From the Sensex pack, Nestle, HCL Tech, Infosys, and Tata Steel opened with gains, while Jio Financial Services, Sun Pharma, and Bharti Airtel opened with losses.

Customers of Arm that have held talks about taking a piece of the IPO include Apple, Amazon.com, Intel, Nvidia, Alphabet, Microsoft , Samsung Electronics and TSMC, Reuters has reported. Arm is hoping for a valuation of up to $70 billion in the IPO, which will launch on the Nasdaq next month.

The report looks at what would happen if crypto and traditional financial markets become more integrated in the future, with a focus on possible financial stability risks as cryptoassets "should be assessed from a risk and regulatory perspective like all other assets."

JPMorgan maintained a neutral rating on Tata Motors with a target price of Rs 635. JLR outperformed peers in the US and China but underperformed in the European region.

KNR Constructions, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7666.46 Crore) operating in Infrastructure sector.

Domestic brokerage firm Prabhudas Lilladher is bullish on a few mid and smallcap stocks, which belong to different sectors such as auto, hospitality & leisure, and capital goods.

"Although TVS Supply Chain Solutions is a leading supply chain management company, it operates in a highly competitive industry and has reported losses in the past two years. Additionally, the valuation of the IPO was also very high," said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart.

On the technical charts, the RSI of the stock stood at 60.93.