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The mood of the consumer, who props up about 70% of U.S. GDP, has dimmed considerably in February, according to The Conference Board s consumer confidence index, which registered its steepest monthly drop since August 2021.

The sales decline underscores Tesla s challenges following a dip in global deliveries last year that has raised pressure on CEO Elon Musk to roll out lower-priced models as well as the autonomous cars that he says underpin Tesla s future.

U.S. crude stocks fell 640,000 barrels in the week ended February 21, market sources said on Tuesday citing American Petroleum Institute data. Official U.S. stockpiles data is due later on Wednesday.

The BSE Realty index has declined 19% year-to-date, compared to a 7% drop in the benchmark Sensex. In contrast, the index had surged 79.5% in 2022 and 33.1% in 2023, significantly outperforming the benchmark returns of 18.7% and 8.2%, respectively.

Data on Tuesday showed U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February - the latest in a string of surveys suggesting that businesses and consumers were becoming increasingly rattled by the Trump administration s policies.

Share Market Holiday today on Maha Shivratri 2025: Stock exchanges BSE and NSE will be closed on Mahashivaratri, marking the first trading holiday of the year. The commodity exchange MCX will remain closed only for the morning session. As Indian markets experience a downturn, volatility is expected with the expiry of February s derivative contracts.

Shares of the US electric vehicle pioneer Tesla slumped nine percent Tuesday, as investors digested disappointing European sales and chief executive Elon Musk s aggressive foray into politics. Alongside its European struggles, Tesla also faces stiff competition from automakers like BYD in China -- a key market for electric vehicles.

Goldman Sachs sold 89,314 shares of TeamLease Services for ₹17.5 crore via a block deal. The stock has declined 32% year-to-date and underperformed Nifty. The sell-off follows a weak performance, with shares trading below key moving averages.

US stocks: The benchmark S&P 500 and the Nasdaq had a subdued start on Tuesday as markets braced for the potential impact of more stringent U.S. trade controls on Beijing and awaited quarterly earnings from AI-chip leader Nvidia.