Bharti Airtel Ltd.'s tie-up with Elon Musk's Starlink will complement the telecom operator's existing services, and expand rural coverage, according to brokerages.

As per reports, once operational in India, Starlink is likely to deliver download speeds ranging from 25 to 220 Mbps and upload speeds between 5 and 20 Mbps.

India has higher relative tariff rates on US exports, especially in agriculture and transportation. However, agricultural does not feature among India’s top exports to US.

If the country puts tariffs on everyone who is highly integrated into the US's supply chain, it becomes the case of shooting oneself in the foot, explained Willer.

HDFC Bank, Bharti Airtel, Reliance Industries, ICICI Bank and Kotak Mahindra Bank added to the Nifty 50 index.

On Wednesday, the Infosys cofounder will spill the beans on what he thinks are the "big unlocks" needed to increase India's growth.