Latest Stock Market News

A short buildup occurs when open interest and trading volumes rise while the underlying stock price falls, signaling traders expect declines. On Tuesday, five stocks showed fresh short positions.

A total of 2,922 shares changed hands on the counter till 10:55AM (IST)

NTPC Share Price: Shares of NTPC are in focus after its subsidiary, NTPC Green Energy, signed an MoU with the Rajasthan government for a 25-gigawatt renewable energy project. The agreement was formalized during the Rising Rajasthan Investor Meet in New Delhi. This project marks a significant step in the development of renewable energy in Rajasthan.

Sensex and Nifty opened higher on Tuesday with gains led by Reliance Industries, IT, and banking stocks after profit-booking in the previous session. Key contributors included HDFC Bank, Infosys, and Axis Bank. Auto stocks advanced ahead of monthly sales data announcements.

In October, focus on metals, infrastructure, and financial sectors. Hold Ceat, Vedanta, NALCO, Policybazaar, and IEX. Exit Easy Trip.

Rupee falls to 83.81 against the US dollar due to significant foreign fund outflows amid volatile global markets. Despite a stronger dollar, retreating crude oil prices and a recovery in domestic equities limited the decline. Chinese fiscal stimulus draws foreign investment away from India.

The Indian market may consolidate on Tuesday amid mixed global cues. Nifty futures closed down 1.35% at 25,990. Options data shows a broad range between 25,400 to 26,300, with key levels at 25,850. Analysts expect weakness if Nifty stays below 25,850, with resistance at 25,950 and 26,150.

Gold and silver prices witnessed some profit booking in the last 3 sessions with the former dipping by Rs 700 per 10 grams while the latter is down by Rs 500/kg.