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Overseas funds have offloaded local shares for 22 consecutive trading days through Monday on a net basis, exceeding the previous streak from March 2020, according to Bloomberg data.

Gold April futures opened higher at Rs 84,118 per 10g, while silver traded flat at Rs 95,640/kg. Prices surged amid global uncertainty and trade war concerns. Gold hit a record $2,870/oz internationally. Analysts expect volatility, with key support and resistance levels identified.

Hero MotoCorp expects a slight rise in profit and revenues for Q3 despite stagnant volumes, primarily due to improved product mix and higher average selling prices. Revenue is projected to increase by 3% YoY, while PAT is expected to rise 2% YoY. EBITDA margins are anticipated to improve YoY but decline QoQ due to lower volumes and festive season discounts.

Emerging markets hold promise if global markets maintain stability. China is set for recovery by 2025, and foreign interest in India grows due to potential tariff advantages and manufacturing opportunities. However, the US trade tensions and Trump s policies could impact market confidence and lead to economic challenges, influencing investment flows.

The rupee was in a tight range throughout the day on Tuesday. It traded between 87/$1 and 87.13/$1. Most Asian currencies also appreciated in response to a slight correction in the dollar index.

ITC s Q3 revenues are expected to grow by 8% YoY driven by strong performances in the hotel and agri businesses, while net profit may fall by 6% due to high other income and lower tax rate in the previous year. The cigarette segment shows stable growth despite slight margin compression.

A White Marubozu is a bullish candlestick pattern in technical analysis.

Motilal Oswal Financial Services maintains a buy call on Ambuja Cements with a revised target price of Rs 600. The company s recent financials show strong growth in income but lower-than-expected EBITDA due to weak realizations and increased costs. Management expects performance improvement in acquired assets by FY26. The valuation multiple has been adjusted to 18x EV/EBITDA.

The Indian market is expected to trade higher on Wednesday, following positive global cues. The Nifty50 closed 378 points up at 23,739 on Tuesday, with the India VIX dropping 2.33%. Technical indicators suggest a bullish trend, with resistance at 23,800–23,850 and support at 23,400–23,450. Experts recommend buying stocks like L&T Technology, Kotak Mahindra Bank, and GAIL India.