News Overview

At $82.71 per barrel, Brent crude futures were up 34 cents, or 0.4%. U.S. West Texas Intermediate crude futures (WTI) had increased 38 cents, or 0.5%, to $78.39 per barrel.

Here are some of the stocks that may see significant price movement today: Bharti Airtel, Mahindra and Mahindra, Siemens, Shree Cement, etc.

Spot gold was down 0.1% at $2,355.24 an ounce. Silver prices increased by 1% on Tuesday. Gold futures were stable at $2,361.10.

Early Asian trade saw the euro fall 0.04% to $1.0814, although it was still near the previous day's high of $1.09255, which was last touched on April 10.

Positive cues from Asian markets and potential continuation of previous day's rally.

In SEBI parlance, the issuance of an observation letter signifies that the company can proceed with its IPO plan and raise funds.

Among sectoral indices, FMCG, Pharma, and Healthcare were the sole sectors to conclude in negative territory. Conversely, Metal, Auto, PSU Bank, and Oil & Gas sectors exhibited notable gains.

The combined net debt was reported at ₹11,203 Crore as of March 31, compared to ₹9,115 Crore as of December 31, 2023.

The VIX will continue to hold the key to the performance of the markets in the week

Overall, the Indian stock markets continued their upward trend on Tuesday, driven by gains in select sectors. However, investor sentiment remains cautious due to election uncertainty and the potential impact of US inflation data on interest rates.