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The survey pointed out that imported inflation in edible oil and pulses jacked up the prices of these commodities, which were controlled by proactive measures by the government.

Adani Ports, Tech Mahindra, Chola Finance, P&G, Jindal Steel, Sona BLW, Kansai Nerolac, Indian Hotels and TTK Prestige are among the companies that will announce their December quarter results today.

Even as the Economic Survey has raised concerns on elevated inflation, the government would remain pro-growth in its Budget and would focus on higher spending for higher economic expansion, given it has projected an encouraging FY23 GDP growth of 8-8.5 per cent, said Mitul Shah, Head of Research at Reliance Securities.

Gold prices were flat on Tuesday, as a weaker dollar countered concerns about potential interest rate hikes, while investors waited for a slew of economic data to gauge the strength of global economies. Spot gold was little changed at $1,797.94 per ounce by 0140 GMT. U.S. gold futures were up 0.2% at $1,799.10.

It also throws into question how Meta plans to handle commerce in the metaverse, a futuristic digital environment that Chief Executive Mark Zuckerberg has heralded as "the successor to the mobile internet."

“The outperformance is here to stay but we should not fool ourselves, we should not extrapolate the kind of money, which has been made in the market in the last two years, can continue because this is an abnormal situation.”

Asian markets rose in limited trade Tuesday following another strong lead from Wall Street fuelled by a rebound in tech firms, while comments from Federal Reserve officials eased concerns that it will embark on an aggressive phase of policy tightening.

Economic Survey released on Monday suggested a rise in retail participation in the stock market. Small investors, especially the ones new to trading, would be eyeing a removal of STT. So far, STT on non-delivery transactions is 0.025 per cent, and for delivery is 0.1 per cent.

In what sounded like a well-orchestrated chorus, four Fed officials said they felt it was time for the U.S. central bank to begin removing support from an economy that is growing strongly and where inflation is at its highest in four decades.

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 171921.59 Crore) operating in Auto sector.