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Nifty fell for the third straight day; close above 26,000.
Benchmarks slightly underperformed broader market indices
ICICI Bank and Axis Bank fell the most in Nifty
Financials led the decline in Nifty
IDFC, HDFC AMC and ICICI bank fell the most in Nifty Financials
Nifty Financials emerge as the top losing sector for the day.
Nifty IT and Pharma the only the sector in Green
Nifty PSU Bank, Auto, Metals snaps 2-day gaining streak
Nifty Oil and Gas, Realty fell for the 4th straight day
Nifty Financials fell for the 3rd consecutive day
Nifty fell for the third straight day; close above 26,000.
Benchmarks slightly underperformed broader market indices
ICICI Bank and Axis Bank fell the most in Nifty
Financials led the decline in Nifty
IDFC, HDFC AMC and ICICI bank fell the most in Nifty Financials
Nifty Financials emerge as the top losing sector for the day.
Nifty IT and Pharma the only the sector in Green
Nifty PSU Bank, Auto, Metals snaps 2-day gaining streak
Nifty Oil and Gas, Realty fell for the 4th straight day
Nifty Financials fell for the 3rd consecutive day
India's petroleum crude imports grew by 10.3% year-on-year to 1.15 billion barrels in April-October of this financial year, according to an analysis of data shared by the commerce ministry. This was on the back of strong economic activity and softer crude prices.
India, in the same period last year, had imported 1.04 billion barrels of crude.
Omaxe received RERA registration certificate to set up commercial colony 'London Street Extension'. It also received RERA registration certificate to set up commercial colony in Faridabad.
The Bombay High Court dismissed writ petitions challenging the Securities Exchange Board of India's approval For IPO, alleged inadequacy of disclosures made in Offer Documents, the company said in the exchange filing.
After a stellar rally on Monday, shares of Wockhardt Ltd. have once again risen in trade on Tuesday and is trading with gains of up to 5%.
The stock is currently trading at Rs 1,546, reaching an intraday high of Rs. 1,566. This compares to Monday's closing price of Rs 1,472, as the positive momentum in the stock continues.
Indian equities remain “very hot and will continue to be hot,” says Porinju Veliyath, Founder and CEO of Equity Intelligence, who believes the long-term India story remains firmly intact despite a year of turbulence for the broader market.
Speaking to NDTV Profit about the current market conditions, Veliyath noted that valuations in several pockets have cooled meaningfully after the corrections seen through 2025, creating opportunities for investors who are willing to be selective.
Noida-based technology-driven solutions provider Exato Technologies Ltd. continued its stellar performance, with the SME IPO receiving over 270 times subscription on the second day of bidding. The IPO has been booked over 600 times on Tuesday so far.
The demand for the public issue was led by retail and non-institutional investors who have subscribed over 800 times. QIBs have subscribed close to 100 times. According to BSE data, investors bid for 1,22,22,76,000 against the 19,14,000 on offer so far on Tuesday.
DBS Bank Ltd. Executive Director and Senior Economist Radhika Rao compared the present situation of the Indian economy with a glass which is half empty and half full.
The GDP data comes at a lag. So, the current data is still showing the picture of July–September. After taking out the statistical impact, the deflector impact, there are some positive developments, especially on the consumption front, where a bit of lift was noticed. The full impact of GST 2.0 was not reflected in those numbers, Rao said in an interview to NDTV Profit.
Axis Securities has laid out its top stock recommendations for December 2025, highlighting opportunities across large-cap, mid-cap, and small-cap segments. The brokerage expects continued momentum in equities following a sharp rally in Nifty 50, driven by strong earnings, tariff optimism, and improving consumption trends.
Bata India share price has declined for five sessions in a row. The share price fell to a seven-year low of Rs 961 apiece during Tuesday's session.
Bata India share price has declined for five sessions in a row. The share price fell to a seven-year low of Rs 961 apiece during Tuesday's session.
Brainbees Solution's arm Globalbess Brands buys additional 6.49% stake in HS Fitness. The shareholding of Globalbees Brands in HS Fitness increased to 86.49%, the company said in the exchange filing.
Industries Ltd., Lupin Ltd. and Zydus Lifesciences Ltd. were in focus on Tuesday after the World Health Organisation (WHO) on Monday released its first guideline on the use of Glucagon-like Peptide-1 (GLP-1) therapies for treating obesity as a chronic, relapsing disease.
The WHO guideline is a boost for Dr. Reddy's stock as the global endorsement is likely to drive demand for GLP-1 drugs.
Patel Engineering's board approved rights issue to raise funds worth Rs 399 crore.
Three long-term market outperformers Cantabil Retail India, Elantas Beck India, and Trent snapped their decade-long gaining streak in 2025, breaking a consistent trend of yearly advances.
Despite a strong 10-year run marked by sharp jumps in several years, all three stocks are looking likely to close 2025 in the red. Cantabil fell 14%, Elantas Beck declined 24% and Trent plunged 40%, a sharp reversal from their exceptional performances in years like 2019, 2021 and even as recently as 2024.
Bajaj Auto Ltd.'s arm BACL's board approved to allot 50,000 non-convertible debentures to raise funds worth Rs 500 crore on a private placement basis, the company said in the exchange filing.
Nomura expects Indian equities to close 2025 on a considerably more stable footing than at the start of the year, supported by calmer global conditions, a cyclical recovery in domestic growth and easing valuation concerns. In its India Strategy outlook, the brokerage has set an end-2026 Nifty target of 29,300, implying a potential 12% return from current levels.
Bondada Engineering Ltd. commissioned cumulative solar power projects of 48.47 megwatt power. It commissioned cumulative solar power projects for paradigm IT, MAHAGENCO and NLC.
Coforge Ltd. announced an expansion of Coforge Quasar AI Platform with a new suit of AI-driven accelerator, the company said in the exchange filing.
Vodafone Idea Ltd. share price rebounded from a two-day slump Tuesday on hopes of relief for adjusted-gross-revenue dues. The hopes increased after news reports said that the Telecom Minister Jyotiraditya Scindia indicated that the central government may finalise the Vodafone Idea's relief recommendations regarding its AGR dues.
Scindia said that the government is awaiting a formal request from the telecom company before moving ahead with any relief measure, according to news reports.
Vodafone Idea Ltd. share price rebounded from a two-day slump Tuesday on hopes of relief for adjusted-gross-revenue dues. The hopes increased after news reports said that the Telecom Minister Jyotiraditya Scindia indicated that the central government may finalise the Vodafone Idea's relief recommendations regarding its AGR dues.
Scindia said that the government is awaiting a formal request from the telecom company before moving ahead with any relief measure, according to news reports.
The share price of Asian Paints Ltd. is trading in the green on Tuesday, after brokerage firm UBS turned more positive on the counter amid its mid-October rally of nearly 25%, post the sudden resignation of Birla Opus' CEO. The company also posted a stronger-than-expected Q2 performance.
UBS upgraded Asian Paints to 'neutral' and raised its target price to Rs 3,200, marking an upside potential of 11.5%.
The NSE Nifty Auto index rose 0.38% to a fresh high of 28,099.65. Maruti Suzuki India Ltd. and Samvardhana Motherson International Ltd. shares were top contributors to the NSE Nifty Auto index.
The NSE Nifty Auto index rose 0.38% to a fresh high of 28,099.65. Maruti Suzuki India Ltd. and Samvardhana Motherson International Ltd. shares were top contributors to the NSE Nifty Auto index.
On National Stock Exchange, nine sectoral indices advance, six sectoral indices declined.
On National Stock Exchange, nine sectoral indices advance, six sectoral indices declined.
The rupee fell to a new record low against US dollar on Tuesday. It slumped 39 paise to 89.95 against the US currency as banks persistently bought the greenback for importers, foreign portfolio investors.
The NSE Nifty 50 and BSE Sensex opened lower on Tuesday as ICICI Bank Ltd. and HDFC Bank Ltd. shares weighed. Market participants will monitor the expiry of the NSE Nifty 50 and NSE Nifty Bank weekly futures.
The Indices were trading 0.14% and 0.24% down, respectively as of 9:21 a.m.
The NSE Nifty 50 and BSE Sensex opened lower on Tuesday as ICICI Bank Ltd. and HDFC Bank Ltd. shares weighed. Market participants will monitor the expiry of the NSE Nifty 50 and NSE Nifty Bank weekly futures.
The Indices were trading 0.14% and 0.24% down, respectively as of 9:21 a.m.
Rupee weakened 14 paise to open at 89.70 against US Dollar
It closed at 89.56 a dollar on Monday
Source: Bloomberg
The Reserve Bank of India imposed a Rs91 lakh penalty on HDFC Bank Ltd. in respect of the financial position of the Bank as on March 31, 2024
Tata Communication Ltd.'s arm will buy 51% stake in US-based AI company Commotion. The acquisition is valued at $25 million or Rs 227 crore.
India’s automobile sector delivered a strong performance in November, with both Jefferies and Citi highlighting broad-based wholesale growth across passenger vehicles, two-wheelers, commercial vehicles and tractors. However, tractors and commercial vehicles were the biggest outperformers in November.
Goldman Sachs added Maruti Suzuki India Ltd. to its Asia-Pacific conviction list as the automobile manufacturer is well-positioned to benefit from an ongoing revival in domestic consumption. Maruti Suzuki India will also see the positive impact of the pay commission.
Markets in Asia region gained early morning on Tuesday as market participants focused on government bond auction in Japan. Japan's 30-year bond hit a new high since its debut in 1999, Bloomberg reported.
The Nikkei 225 and KOSPI were trading 0.60% and 1.51% higher, respectively as of 7:24 a.m.
The GIFT Nifty was trading 0.04% or 10 points lower at 26,336 as of 6:54 a.m., which implied a muted open for the NSE Nifty 50 index. Investors may exercise caution before the Reserve Bank of India's policy meet outcomes.
Traders will keep an eye Hero MotoCorp Ltd. and Maruti Suzuki India Ltd., and other automobile stocks as they released their sales numbers for November on previous day.
India's benchmark equity indices slipped off record highs during the session as profit-booking wiped out early gains. The Nifty closed 0.1% lower, slightly below the 26,200 mark. The BSE Sensex ended flat at 85,641.
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