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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.

Piramal Pharma Solutions, is investing $80 million to expand its Lexington facility, doubling capacity by Q1 2027 to meet growing injectables demand, supporting its ADC manufacturing program.

This can indicate potential upward movement and may be used by traders to identify buying opportunities.

Fund Manager Pawan Parakh predicts a positive outlook for consumer companies in upcoming earnings seasons, expecting improvement in Q3 and Q4. He also highlights high earnings visibility in sectors like power, capital goods, pharma, and real estate. Watch for launches in real estate and discretionary spending growth in the IT sector.

Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session.

Anshul Saigal of Saigal Capital explains that even in a bear market, some quality businesses can grow. Despite a broad market decline, these stocks show strong earnings growth. He advises focusing on sectors like manufacturing, capital goods, media, rural economy, FMCG, and banking for potential opportunities over the next few years.

The bank may offer up to a 5% discount on the floor price. It aims to raise Rs 1,750 crore through the base issue, with an additional Rs 1,750 crore via a greenshoe option, potentially selling up to 61 crore shares (8.6% stake) through the QIP.

JM Flexicap Fund has returned over 40% this year, beating over 96% of peers during the period, according to Bloomberg data. It has been the best performer in its category over a three-year time frame.