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Cummins India Ltd., incorporated in the year 1962, is a Mid Cap company (having a market cap of Rs 28510.02 Crore) operating in Engineering sector.

Sectorally, buying was seen in consumer durables, realty, IT, capital goods, and energy stocks. The S&P BSE Mid-cap, and Small-cap indices rose over 2 per cent each.Stocks that were in focus included E.I.D Parry, which rose over 5 per cent, M&M, which added 5 per cent, and Raymond, which gained over 4 per cent.

"We are currently in a VUCA (Volatile, Uncertain, Complex, Ambiguous) world with too many developments happening globally. While the world was just coming out of the Covid-led slowdown, the geopolitical situation and the coordinated tightening by the global central banks in the face of persistent inflationary pressures is raising the risks of a Stagflationary scenario."

“The stocks market is looking far more attractive but one should not expect a runaway rally or easy ride. One needs to be very careful about what they are picking and valuations are supportive in many sectors. One should be extremely picky about the stocks and the sectors one picks.”

Atul Auto Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 372.27 Crore) operating in Auto sector.

German bund yields rose 8.1 bps overnight after German consumer prices increased at their fastest pace in half a century, strengthening the case for an outsized European Central Bank interest rate hike in July.Eurozone inflation data is due later on Tuesday

The boards of Angel One and Tantia Constructions will meet today for their AGMs. The boards for Quess Corp and Bank of Baroda board will meet today to consider dividend.

Even as the company is delivering over 5,000 units of XUV 700 on a monthly basis, the booking momentum is almost double and the cancellation rate to at a respectable 12.5% claimed Rajesh Jejurikar, ED at M&M.

Speaking about cryptocurrency, Seth on Monday told reporters, "Our consultation paper is fairly ready. We have gone into a deep dive into this." He did not mention when it is likely to be put out. Sources, though, told ET that it can be expected in August.

"We will be investing ₹6,000 crore in the renewable segment in three years, and another ₹20,000 crore by 2030, which is contingent upon certain technical aspects on the hydrogen front that the company is working out," said Manoj Jain, chairman and managing director, Gail.