Benchmark indices closed higher on Tuesday, with NIFTY50 gaining 0.46% and SENSEX climbing 390 points. In the NIFTY50 space, 32 stocks were advancing. Maruti, Divi's Lab and Mahindra and Mahindra were among the top gainers.

HG Infra Engineering stock surged 6.6% on July 9, hitting an intra-day high of ₹1,799.05 in early trade after the company signed a Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy to acquire shares or voting rights in project companies.

Larsen & Toubro on Tuesday said it has bagged a 'significant' order from Hindustan Shipyard Ltd (HSL) for part construction of two Fleet Support Ships (FSS).

Orders in the range of ₹1,000 crore to ₹2,500 crore range are classified as 'significant' by the company.

Equity benchmark indices rebounded on Tuesday, with the NSE NIFTY hitting its fresh all-time high level during the afternoon trade, amid buying in blue-chip stocks, firm global market trends and foreign fund inflows.

The 30-share BSE SENSEX climbed 328.54 points to 80,288.92. The NSE NIFTY went up 83.45 points to hit a new record peak of 24,404.

Traveltech company RateGain Travel Technologies on Tuesday announced that Malaysia Airlines has selected it for a multi-year partnership to provide artificial intelligence (AI)-powered airfare pricing.

Following the announcement, the company's shares were trading 4.5% higher at ₹820.5 on the NSE.

The rupee traded flat at 83.50 against the US currency in the opening session on Tuesday as the impact of a firm dollar in the overseas markets was offset by easing crude oil prices.

At the interbank foreign exchange market, the rupee opened marginally up 1 paisa at 83.49 against the American currency. The local unit moved in a narrow range of 83.49 to 83.51 in restricted trade in the opening session.

The project will be executed in Gujarat and Rajasthan, a company statement said.

The order is for (Inox Wind Ltd) IWL's latest 3 MW (each) Wind Turbine Generators (WTGs) and the scope comprises end-to-end turnkey execution, it said.

Benchmark indices open higher on Tuesday, with NIFTY50 up 0.16% and SENSEX gaining 170 points. In the NIFTY50 space, 36 stocks were advancing. Maruti, Britannia and Cipla were among the top gainers.

The GIFT NIFTY is trading marginally in green, indicating a flat to positive start for Indian equities today. Meanwhile, Asian markets are trading mixed. Japan’s Nikkei 225 is up 1.4%, while Hong Kong’s Hang Seng index is down 0.1%.

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