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India was among the top-performing markets in May.

From the Sensex pack, UltraTech Cement and Kotak Bank were the top gainers, rising 2-3%.

We are very positive on financial services as a sector so that is one biggest sector wherein we have a large overweight.

See exactly what happens is that if for example, customer has not paid rent for a long time then banks can open the locker as they had this power. But now they can open the locker but only in the presence of customer that has been clarified in this.

Fear gauge India VIX was up by 2.15% from 11.12 to 11.38 levels. Volatility negated its lower highs formation on daily frames but overall lower levels kept the index in a smaller range. Options data suggests a broader trading range between 18300 to 18800 zones, while an immediate trading range between 18450 to 18700 zones.

The Nikkei 225 rose 0.90% and the Topix index increased 0.74% in Tokyo despite early losses and profit-taking over in the US stock markets. Real-term wages for Japanese workers fell by 3% in April YoY, while household spending in April dipped by 4.4% in real terms from the last year, according to a recent government survey. Fast Retailing increased 1.72% to 34,750 yen, SoftBank Group rose 0.97% to 6,081 yen, Toyota surged 1.05% to 2,050 yen, and Nintendo picked up 0.60% to 6,120 yen.

European shares opened flat on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic growth countered support from defensive healthcare stocks.

The Relative Strength Index of the stock stood at 57.21 on Tuesday.

SEBI committee member Nithin Kamath has stated that although investment advisers are helpful to investors, they often set unrealistic expectations that can lead to disappointment. Underlining the positive impact advisors have had, Kamath said that when people expect to achieve returns they cannot realistically aspire to, they can end up being disenchanted. Speculating that such dissatisfaction could result in discouragement from further participation in the market, Kamath stressed that it is "not really good for anyone.” SEBI is working on regulations to address the rise of unregistered investment advisers active on social media platforms.

A total of 30,300 shares changed hands on the counter till 01:59PM (IST).