Benchmark indices closed higher on Tuesday, with NIFTY50 at 24,857 (+0.09%) and SENSEX gaining 100 points. In the NIFTY50 space, 29 stocks declined. LTIMindtree, SBI Life and Cipla were among the top losers.

Public sector Indian Bank has targeted to recover about ₹7,000 crore during the current financial year, a top official said on Tuesday.

The bank has also received the approval from the Reserve Bank of India and shareholders to raise ₹5,000 crore which would be decided at an opportune time, the bank's Managing Director and CEO Shanti Lal Jain said.

Benchmark indices are trading higher on Tuesday, with NIFTY50 up 0.43% and SENSEX gaining 320 points. In the NIFTY50 space, 30 stocks advanced. BPCL, Tata Motors and Power Grid were among the top gainers.

L&T Parel Project Pvt Ltd is into real estate development business.

"L&T Parel Project Pvt Ltd... in the ordinary course of its business has signed a Memorandum of Agreement with Valor Estate Limited to develop real estate project in Mumbai," L&T said in a filing to the NSE.

Shares of Colgate-Palmolive India jumped more than 6% on Tuesday after the company reported 33 per cent rise in net profit at ₹363.98 crore for the first quarter ended June 2024.

The rupee opened flat at 83.73 against the US currency on Tuesday as the dollar remained firm in overseas markets.

At the interbank currency exchange, the rupee opened firm at 83.73 and was trading in the range of 83.73 to 83.74 in early trade.

Benchmark indices opened flat on Tuesday, with NIFTY50 at 24,837 (+0.01%) and SENSEX at 81,361 (+0.01%). In the NIFTY50 space, 29 stocks declined. Hindalco, L&T and Tata Steel were among the top losers.

The GIFT NIFTY fell by 0.3%, suggesting a flat-to-negative start for the Indian equities today. The sentiment across Asia is similarly subdued, with Japan’s Nikkei 225 declining by 0.2% and Hong Kong’s Hang Seng index dropping by 0.5%.