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The Relative Strength Index of the stock stood at 56.26 on Tuesday.

Oil prices rose on Tuesday due to U.S. output concerns after Hurricane Francine and expectations of lower U.S. crude stockpiles. Brent crude futures increased by 0.5% to $73.11 a barrel, while U.S. crude futures climbed by 0.8% to $70.62 a barrel, despite Chinese demand concerns and the upcoming Federal Reserve interest rate decision.

Ahead of the issue opening, the GMP for Arkade Developers was Rs 86, suggesting a 67% premium over the upper price band. The IPO is a fresh equity sale of Rs 410 crore, with about 50% reserved for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors.

Vinit Sambre, Head-Equities at DSP Mutual Fund, discusses the sustainability of market growth amid favourable macros and the return of the FIIs. He emphasizes the importance of long-term investment in mid and smallcaps, despite high valuations, and highlights potential sectoral shifts in defense, engineering, IT, consumer stocks, and real estate.

The stock quoted a 52-week high price of Rs 3330.9 and low of Rs 2293.1.

​What used to happen two decades back was the back office, India was supposed to be the back office of the whole world. Today that has changed. Today, the demand for upper end of the research has been growing a lot and that is something which is taking almost about 40% of the overall office absorption in the country, in the top eight cities that we always talk about.

A total of 172,386 shares changed hands on the counter till 01:08PM (IST)

Suzlon Energy shares surged 116% this year, fueled by a major wind energy order. Despite the stock nearing all-time highs and high valuations, experts suggest cautious entry at Rs 78-79.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 18.32 per cent and 22.75 per cent, respectively.

Shares of Tata Motors fell 2.5% to a day’s low of Rs 963.60 on Tuesday, following a block deal involving approximately 1.9 crore shares at Rs 970 per share, totaling Rs 1,758 crore. The deal represents about 0.4% of the company’s equity, though the involved parties are not currently known.