NIFTY, SENSEX trade flat; Siemens Energy, Nectar Lifesciences, Schloss Bangalore, Omaxe among buzzing stocks

Equity benchmark indices SENSEX and NIFTY were trading flat on Tuesday as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the United States.

The NIFTY50 is down 0.04% to 24,451, while SENSEX is up 23 points to 83,465 at 12:23 pm.

From the NIFTY firms, Titan, Dr Reddy's, Trent, Cipla, Bajaj Auto, Sun Pharma, Maruti, Bharti Airtel and Mahindra & Mahindra were among the laggards.

Kotak Mahindra Bank, Eternal, Grasim, BEL, Asian Paints, Tech Mahindra, NTPC, ICICI Bank and Infosys were top gainers.

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The company posted a 57% increase in its fourth quarter revenue to ₹1,879.5 crore compared to ₹1,196.6 crore a year back. Its net profit climbed 36.34% to ₹246.1 crore in the quarter ended March 2025 compared to ₹180.5 crore in the same quarter of the previous fiscal year.

"Additionally, the company has entered into an Asset Purchase Agreement (APA) for the sale of its menthol business assets to Ceph Lifesciences for ₹20 crore, marking a comprehensive restructuring move aligned with its future strategy," the pharma player said in an exchange filing.

"This partnership, one of India's largest in the luxury and upper-upscale hotel sector, leverages the strength of Ventive Hospitality’s project execution capabilities along with Marriott International’s renowned brands and hotel management expertise," the regulatory filing stated.