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Equity markets closed nearly unchanged on Tuesday. Shares of EaseMyTrip, Exxaro Tiles, NBCC, PC Jewellers, Delta Corp, and Tata Power will be in focus due to various developments. Notable updates include promoter stake sales, block deals, Supreme Court petitions, stock splits, qualified institutional placements, demergers, and a fire incident at Tata Power's Trombay plant.
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India's key stock indices reached all-time intraday highs, with the Nifty crossing 26,000 and the Sensex breaching 85,000. Despite a choppy session, the indices ended flat. Market sentiment was boosted by rate cuts from the US Federal Reserve and measures from China's central bank to revive its economy.
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Asian shares rose for the fifth consecutive day, driven by Beijing's support measures. US stocks also hit new highs amid expectations of further rate cuts. Chinese equities saw significant gains following a stimulus package. Investors are closely watching US economic data and Federal Reserve actions for future market direction.
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News and Media
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