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While the prevailing conditions suggest that interest rates may remain high, which could limit gold’s upside, any sudden escalation in global tensions could trigger a strong rally

According to Mint reports, the stake sale may be carried out in several small tranches rather than a single offering in the upcoming fiscal year, depending on favorable market conditions, as the government aims to maximize the value of its stake in the insurer.

RVNL shares: The project entails building a 6-lane access-controlled road to Visakhapatnam Port, spanning from Sabbavaram to Sheelanagar junction and bypassing the Anakapalli-Anandapuram corridor.

The Indian market is expected to consolidate on Wednesday, with the Nifty50 closing 37 points higher in the previous session. The India VIX rose slightly, signaling increased volatility. Analysts suggest that the Nifty could see further upside if it sustains above key resistance levels, but a pullback is possible if it fails to hold gains.

Indian benchmark indices started higher on Wednesday, driven by gains across most sectors excluding IT. The BSE Sensex rose 257.28 points with Tata Motors leading the gains, while Bharti Airtel surged on a partnership with Elon Musk s SpaceX to offer Starlink internet services in India.

Reliance Industries shares: Jio and SpaceX are exploring additional areas of collaboration, potentially involving technology sharing, infrastructure development, and integration with Jio s existing telecom network.

TCS shares: The deal is structured as a call option, enabling the company to fully acquire the target entity after two years. The main goal of the acquisition is to obtain land and buildings that will be used as a delivery center, thereby expanding the company’s real estate portfolio and operational capacity.

Infosys shares dropped over 3% after Morgan Stanley downgraded its rating, highlighting concerns about slowing revenue growth and valuation pressures. Despite the weakening rupee, Indian IT stocks face challenges due to potential U.S. economic slowdown and trade policy uncertainties. Investor sentiment remains cautious amid mixed analyst outlooks.

ICICI Securities has downgraded the rating of IndusInd Bank from Buy to Reduce, setting a new target price of Rs 850. The bank s current market price is Rs 720.5. This decision was influenced by concerns over potential management changes and an expected period of slow growth. IndusInd Bank s key products include interest and income from investments.

TVS Motor shares: In a regulatory filing on Tuesday, TVS Motor announced that IFQM had issued fresh shares to new investors, causing the automaker s stake to fall below the 20% threshold required for associate status under the Companies Act, 2013.