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The move is aimed at capital reduction, and the automaker will seek National Company Law Tribunal’s approval for the same, it said. Holders of DVRs have different voting and dividend rights when compared to holders of ordinary shares. Tata Motors had issued DVRs back in 2008 when it did a rights issue.

Nifty ended the trading session on Tuesday with a flat market and formed a small bearish candle, indicating weak bias in the market with choppy movements. Experts suggest a bullish short-term outlook and recommend taking advantage of the intermediate pullback as a buying opportunity, with significant support at 19,615-19,560, and resistance

The stock quoted a 52-week high of Rs 1408.0 and a 52-week low of Rs 1092.0.

The Nifty Realty index was trading 0.86 per cent up at 541.75.

So, what we always tell our retail investors that these two parameters play a very vital role and returns should be the benchmark, you are not investing in the equity market just to invest, the returns play a very-very important role and that is the end figure.

From the Sensex pack, Asian Paints closes 4% lower after Q1 results. Meanwhile, ITC, L&T, SBI, IndusInd Bank, Kotak Bank, Wipro, and Axis Bank also end in the red. The market capitalisation of all listed companies on BSE increased by Rs 67,727 crore to Rs 302.65 lakh crore

Yatharth Hospitals, a leading hospital chain in Delhi-NCR, has opened its initial public offering (IPO) for public subscription. The IPO includes a fresh issue of up to INR 490 crore and an offer for sale of INR 65.51 lakh shares, with a price range of INR 285-300 per share.

The Indian rupee ended a three-day winning streak on Tuesday, closing at 81.8700 against the dollar, compared with 81.8150 on the previous day, due to importer hedging and potential currency intervention by the Reserve Bank of India. The central bank likely bought dollars and conducted swaps via public sector banks.

The National Pension Scheme (NPS) is a low-cost, actively managed retirement product with tax advantages, flexibility, and long-term investment benefits. According to CEO of HDFC Pension Management, Sriram Iyer, the fully loaded cost of NPS is between 3 bps and 9 bps per annum, compared to other actively managed funds which typically charge between 1% and 2%. Additionally, the government offers attractive tax benefits for investing in NPS.

In a bullish display of strength, several BSE Largecap stocks surged to new heights, reaching their 52-week high on July 25, 2023