The stock of Bosch may see some buying as it will replace IDFC in the benchmark NSE Nifty on Friday. As the Nifty is tracked widely by domestic and global fund managers for a variety of purposes, such as benchmarking fund portfolios, hedging through index-based derivatives and exchange-traded funds, additions and deletions to the Nifty will have an impact on the stock. There’s been a reshuffle in the CNX Nifty Junior index too.
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