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Finance minister Nirmala Sitharaman highlighted the importance of investor sentiment and financial stability at the Viksit Bharat 2047 event. She stressed the role of both BSE and NSE in ensuring market stability, leveraging technology for efficiency, and adopting a soft-touch regulatory approach.

Benchmark equities surged for the third consecutive day on Tuesday. PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, and Cipla are in focus for news developments and quarterly results. RVNL, Dixon, and Titagarh will also announce their fourth quarter results today.

The yen languished near a two-week low, as a still-gaping yield gap between local bonds and U.S. peers continued to encourage selling of the Japanese currency.

Data overnight showed U.S. producer prices increased more than expected in April, indicating that inflation remained stubbornly high early in the second quarter.

The stock quoted a 52-week high of Rs 967.0 and a 52-week low of Rs 440.25.

Hero MotoCorp’s market cap stood at Rs 100,803.27 crore at the close on the BSE on Tuesday, just behind TVS Motor Company, which had a market cap of Rs 101,390.72 crore. Investors have been upbeat on the stock on the back of the company’s focus on premium and electric vehicle segments.

The country’s third-largest producer of cement, in terms of capacity, saw its net revenue from operations rise 7% on year to Rs 5,101 crore. The relatively lower growth in revenue as compared to the sales growth indicates that the company, too, felt the impact of weaker pricing.

Bharti Hexacom, a subsidiary of Bharti Airtel, reported a 10% on-year rise in net profit in the fiscal fourth quarter to Rs 222.6 crore, on the back of strong mobile broadband user additions and average revenue per user (ARPU) growth.