Indian equity indices opened in the green on Tuesday following positive cues from Asian peers and US markets.

At 9:39 a.m., Sensex was at 84,461, up 161 points or 0.19 per cent and Nifty was at 25,858, up 47 points or 0.18 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1560 shares were in the green and 733 shares in the red.

In the Sensex pack, Tech Mahindra, L&T, SBI, M&M, Bajaj Finserv, Power Grid, Wipro, Kotak Mahindra, Bharti Airtel, ICICI Bank and Tata Motors were the top gainers. Asian Paints, JSW Steel, HUL, Tata Steel, Maruti Suzuki, ITC, Sun Pharma and IndusInd Bank were the top losers.

Indian equity indices closed in the deep red on Monday, following profit booking at a higher level.

At closing, Sensex fell 1,272 points, or 1.49 per cent, to 84,299 and Nifty fell 368 points, or 1.41 per cent, to 25,810.

The decline was led by banking stocks. Nifty Bank closed at 52,978, down 856 points or 1.59 per cent.

Due to the sharp fall, the market cap of all the listed companies listed on the Bombay Stock Exchange (BSE) fell by about Rs 4 lakh crore to Rs 474 lakh crore.

In the Sensex pack, JSW Steel, NTPC, Tata Steel, Titan, and Asian Paints were the top gainers. Reliance, Axis Bank, ICICI Bank, Nestle, Tech Mahindra, M&M, Maruti Suzuki, Bajaj Finserv, Tata Motors, SBI, Infosys, and Sun Pharma were the top losers.

F&O trades and mutual funds are reportedly the focal point of the Securities and Exchange Board of India (SEBI) board meeting being held on Monday.

According to reports, the markets regulator may approve tighter curbs on F&O trading due to the immense losses faced by individual traders.

Additionally, the board may discuss the introduction of a new asset class between mutual funds and portfolio management services to offer investors more diversity in investment management.

SEBI Chairperson Madhabi Puri Buch had mentioned at the Association of Mutual Funds in India (AMFI) event recently that the SEBI is on the verge of bringing MF lite regulations and has had detailed consultations on the subject. She mentioned that there needs to be some relaxation in terms of the distribution of these kinds of funds.

Indian equity indices opened in the red on Monday following negative cues from global equity markets.

At 9:40 a.m. Sensex was down 551 points or 0.64 per cent at 85,019 and Nifty was down 163 points or 0.63 per cent at 26,015.

In the BSE benchmark, Tata Steel, JSW Steel, Titan, Asian Paints, HUL, HCL Tech and Bajaj Finance were top gainers. Tech Mahindra, ICICI Bank, Axis Bank, Tata Motors, Reliance, M&M, Power Grid, IndusInd Bank, SBI, Bharti Airtel, UltraTech Cement and HDFC Bank were top losers.

Selling was also seen in the midcap and smallcap stocks. Nifty midcap 100 index was down 482 points or 0.80 per cent at 59,898 and Nifty smallcap 100 index was down 137 points or 0.71 per cent at 19,104.

NASA-SpaceX is set to launch the Crew-9 -- an astronaut and a cosmonaut -- to the International Space Station (ISS), in a mission that aims to bring back stranded Indian-Origin Sunita Williams back to Earth in February next year.

According to NASA, the liftoff is targeted for 1:17 p.m. EDT (10:47 pm IST) on Saturday from Space Launch Complex-40 at Cape Canaveral Space Force Station in Florida.

“This is the first human spaceflight mission to launch from that pad,” the US space agency said.

The Crew-9 was initially expected to launch on Thursday but was postponed due to poor weather conditions due to hurricane Helene, currently impacting the Gulf Coast of Florida.

India’s gold reserves are increasing at a regular basis and according to experts, bullion is likely to remain supported by safe-haven demand and strong buying among gold exchange-traded fund (ETF) investors.

As per latest data by the Reserve Bank of India (RBI), gold reserves increase by $726 million to $63.613 billion, compared to $62.887 billion last week.

Gold is the second largest contributor to India's forex reserve.

India's foreign exchange reserves has scaled a new high $692.296 billion, up by $2.838 billion in the week that ended on September 20. As per global financial firms, the forex reserves are at record all-time high levels and are set to cross $700 billion in FY25 sooner than expected.

According to a latest note by global investment firm Jefferies, RBI's forex reserve is estimated to go up by a massive $53 billion to reach $700 billion in the current fiscal (FY25E).

India has signed Biodiversity Beyond National Jurisdiction (BBNJ) -- an international agreement to protect marine biodiversity on the high seas, External Affairs Minister Dr. S. Jaishankar informed.

Jaishankar signed the BBNJ agreement at the UN Headquarters in New York.

“Signed the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement today at the UN HQ,” he informed in a social media post on X.

“India is proud to join the BBNJ Agreement, an important step towards ensuring that our oceans remain healthy and resilient,” he added.

The Indian stock market continued to witness the bull run this week, marking a 1.7 per cent increase and the third consecutive weekly gain, with Sensex hitting 85,000 for the first time and Nifty trading at an all-time high.

The benchmark indices saw a phase of sector rotation. Large-cap stocks are receiving more inflows compared to mid and small-caps, which had been market favourites until recently.

Sectors like public sector banks, defence and railways, which saw heavy participation earlier, are gradually being overshadowed by under-performers such as pharma, private banks and mid-size IT.

Foreign portfolio investments (FPIs) in India reached Rs 3,39,066 crore in the fiscal year 2023-24, underlining the resilience and attractiveness of the country’s financial landscape. In the current fiscal, FPIs have pumped in Rs 1,71,248 crore (year-to-date), according to the government.

As per NSDL data, foreign portfolio investors injected Rs 48,822 crore into Indian equities this month (till September 26). They have continued their inflows in the market buoyed by the recent US Fed rate cut.

India’s booming IPO market also stands as a testament to its economic strength, with multinational corporations such as Hyundai and LG now choosing to list in the country, according to a report by the Ministry of Information and Broadcasting.

Indian equity indices closed in the red on Friday as profit booking was seen at a higher level.

Intraday, Sensex and Nifty made a new all-time high of 85,978 and 26,277 respectively.

At closing, Sensex was down 264 points or 0.31 per cent at 85,571 and Nifty was down 37 points or 0.14 per cent at 26,178.

The market decline was led by banking stocks. Nifty Bank fell 541 points or one per cent to 53,834.