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Bajaj Auto is expected to report a 24%-29% YoY growth in September quarter revenue, led by robust volume uptick and ASP increase. Revenue is estimated in the range of Rs 13,336-13,545 crore. YoY net profit (adjusted) growth is likely to be at 22%-24%, putting PAT in the range of Rs 2,246-2,275 crore. Kotak Equities has the highest revenue estimates, while Yes Securities is most bullish on PAT.

Reliance Industries shares tumbled 2.3% after brokerages reduced target prices following weak Q2 results. Net profit declined 5% to Rs 16,563 crore, while revenue increased marginally to Rs 2.35 lakh crore.

Leading commodity bourse MCX on Tuesday announced the launch of cotton seed wash oil futures. Each contract will have a trading unit of 5 tonne with a base value quoted in Rupee per 10 kg at Ex-Tank Kadi, Gujarat, MCX said in a statement.

The Indian rupee ended little changed on Tuesday as the slump in crude oil prices offset the impact of weakness in Asian peers and dollar demand from foreign banks.

PVR Inox Q2 Results: Multiplex chain reported a consolidated net loss of Rs 12 crore for Q2 FY25, compared to a net profit of Rs 166 crore in the same period last year. Revenue from operations dropped to Rs 1,622 crore, a 19% decline YoY. However, the loss narrowed sequentially from Rs 179 crore in Q1 FY25.

I would suggest that one should stay away from the trading as far as auto sector is concerned. There are opportunities in the other sectors and that needs to be tracked. But as of now, we see auto index is likely to remain in the consolidation.

The stock quoted a 52-week high price of Rs 1648.4 and low of Rs 993.65.

Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.