Benchmark indices reversed early losses to end higher on Tuesday, supported by gains in IT and PSU bank stocks. The Sensex rose 174 points, and the Nifty closed above 25,700, while broader markets also advanced. Analysts said the index holds strong support at 25,600, with momentum likely to sustain.Read More
The Indian rupee ended Tuesday little changed, as intermittent intervention by the Reserve Bank of India slowed the currency’s drift toward the psychologically important 91-per-dollar mark.Read More
NBFC firm IIFL Finance Ltd on Tuesday said that the base issue of its secured redeemable non-convertible debentures (NCDs) has been fully subscribed within the first half of the opening day.Read More
European shares were steady on Tuesday, echoing a cautious tone in global markets as key bilateral talks between the U.S. and Iran were underway, while investors scoured for clues on how AI disruptions could upend traditional business models.Read More
Kwality Wall’s shares fell sharply on Tuesday, extending their post-listing slide to 30% after a weak debut. The stock faced heavy selling despite LIC acquiring a 6.62% stake. The demerged ice-cream business from HUL also saw an open offer launched at Rs 21.33 per share by a Dutch promoter entity.Read More
Aerospace firm Aequs is investing ₹1,900 crore in Tamil Nadu over ten years. This move focuses on advanced engine manufacturing, a high-margin segment. The project aims to build a comprehensive aerospace ecosystem in India. Initial investment will be ₹200-300 crore. Commercial production is expected by FY28. This initiative strengthens India’s aerospace capabilities.Read More
Nearly half of India’s smallcap stocks trade over forty percent below peaks after a sharp correction, says Abakkus Mutual Fund. Despite volatility, smallcaps have outperformed Nifty 50 long term, offering attractive accumulation opportunities.Read More
Adani Group stocks rose sharply after the conglomerate announced a $100 billion plan to build renewable-powered, AI-ready data centres by 2035. The initiative includes a 5 GW data centre platform and ties with global tech giants, positioning India as a major AI infrastructure hub.Read More
Japan’s Nikkei share average fell on Tuesday as investors booked profits amid few fresh trading cues, while the post-election euphoria was ebbing and the earnings season was winding down. The Nikkei was down 0.4% to close at 56,566.49 on the day, and declining 1.9% over four consecutive sessions.Read More
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