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Nifty surged on gains in banks, auto and IT but formed an indecisive candle near 23,000 resistance, signaling uncertainty. Market direction hinges on next session’s opening. Analysts recommend Linde India and Prime Focus, citing bullish breakouts, strong momentum, and improving technical indicators.
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Indian indices jumped sharply as President Trump hinted at a pause in Middle East conflict, boosting banks, auto, and IT stocks. Despite gains, technical charts signal market uncertainty, with resistance near 23,000. Broad participation reflected strong intraday buying.
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Adani Green Energy saw block deals with BNP Paribas buying and Morgan Stanley selling shares. Despite a December-quarter net loss, the company’s power supply revenue and EBITDA grew over 20%, driven by 5.6 GW new capacity, keeping 50 GW target on track.
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Shares of ImmunityBio fell 20% ​on Tuesday ​after the U.S. Food ​and Drug Administration issued a warning letter that said a television advertisement and podcast promoting ‌its ⁠cancer ⁠therapy were false or misleading and violated ​federal law.
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Thane, A court in Thane district on Tuesday granted bail to two co-founders of cryptocurrency exchange platform CoinDCX, Sumit Gupta and Neeraj Khandelwal, arrested in an alleged Rs 71.60 lakh cheating case, holding that prima facie no case was made out against them.
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U.S. ​business activity slowed to an 11-month low in March as the war in the Middle ​East raised prices for energy products and other inputs, a survey showed on Tuesday, reinforcing fears of an acceleration in inflation in the months ahead.
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London copper slipped on Tuesday, giving up most of the previous session’s relief rally, after Iran denied holding talks with the United States to end the war in the Middle East ‌and launched ⁠fresh missile ⁠attacks on Israel.
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Sai Parenteral’s IPO opened with weak demand, subscribing just 4% on day one amid no grey market premium. While retail and NII interest remained low, institutional investors stayed away. Despite strong growth and expansion plans, valuations appear expensive, prompting cautious investor sentiment.
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Wall ​Street’s ​main indexes opened lower ​on Tuesday as renewed doubts over ‌easing ⁠Middle ⁠East tensions tempered ​the previous session’s relief ​rally despite President Donald Trump’s decision ​to delay ⁠strikes ‌on ​Iran’s power ​grid.
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The New York Stock Exchange, part of ​Intercontinental Exchange, announced a ​collaboration on Tuesday with digital asset company ​Securitize to help create tokenized versions of traditional financial securities.
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