GIFT Nifty traded mildly positive at 24,106, up 7 points or 0.03 per cent as of 7:40 AM on Tuesday, suggesting a muted opening for benchmark indices. According to reports from Business Standard, the 50-share NSE Nifty had surged 89.80 points or 0.37 per cent to close at 24,102.90 on Monday. Asian markets showed mixed performance with South Korea's Kospi index down 1.5 per cent and Japan's Nikkei 225 falling 0.6 per cent, while Australia's ASX 200 remained flat with a positive bias, up 0.05 per cent.
Vedanta's newly demerged entities rallied up to 5% for a second session, extending gains from their initial listing. As reported by The Economic Times, Vedanta Aluminium shares rose 1.5% to their day's high of ₹465, while Vedanta Oil & Gas hit its 5% upper circuit limit at ₹34.70 on the BSE. Vedanta Power surged over 3% to ₹42.40, and Vedanta Iron and Steel was locked in a 5% upper circuit at ₹26.80. The rally was driven by strong investor interest and brokerage optimism, with Citi preferring Vedanta Aluminium as a structural play citing positive aluminium outlook and growth potential.
BEL has secured additional orders worth ₹1,081 crore since its last disclosure on May 25, 2026, with major orders including communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares, and services. As reported by Business Standard, IREDA has raised approximately ₹1,500 crore through bond issuances with maturity in three years and six months at a cut-off yield of 7.34 per cent. Vedanta Aluminium announced plans to double its production capacity to 60 lakh tonnes per annum from the current 30 lakh tonnes per annum to meet rising demand from infrastructure, automotive, and electrification sectors.
OMC stocks including IOCL, HPCL, and BPCL will remain in focus as falling crude oil prices are expected to improve fuel marketing margins. According to Business Standard, Vodafone Idea's board approved allotment of 430 crore warrants to Suryaja Investments Pte. Ltd. at ₹11 per warrant, aggregating to ₹1,182.50 crore. Delhivery announced comprehensive welfare programmes for its 1 lakh frontline workforce, offering accidental insurance of up to ₹15 lakh, family health cover, and children's scholarships. Hindustan Zinc signed an MoU with Advantek Associates LLP & Aero Eagle Automobiles Private Limited to explore hydrogen fuel solutions.
US markets closed mixed overnight with the Dow Jones rising 0.3 per cent while the tech-heavy Nasdaq composite fell 0.19 per cent and S&P 500 settled 0.37 per cent lower. As reported by Business Standard, oil prices edged slightly higher but remained below the $80 mark with Brent crude up 0.18 per cent at $78.4 per barrel and WTI crude gaining 0.35 per cent to trade at $74.12. Investors continue monitoring developments in US-Iran peace talks affecting market sentiment.
