India, Oct. 22 -- Specialty chemicals and advanced materials have become the unheralded backbone of modern manufacturing. They are found in the air conditioners that people buy, the packaging that protects food and medicines, and the cables, chips and batteries that make up the energy transition. Indian producers with in-house chemistry, scale and approvals are well placed to win that business as global buyers are looking for suppliers outside China.

The Nifty 50 was trading at 22,740.15, down 0.31%. Meanwhile, Sensex also fell 0.28% to 73,502.07 on Thursday. Meanwhile, Shares of SRF Ltd. were trading at Rs. 2,217.50, down 3.80 percent from previous close of Rs. 2,305.00. The stock opened at Rs. 2,275.00 and reached an intraday high of...