The U.S. stock markets continued to decline on Tuesday after President Donald Trump announced additional tariffs on steel and aluminum imports from Canada.
Airtel has signed an agreement with Elon Musk-owned SpaceX to bring Starlink's high-speed internet services to its customers in India, the telecom operator informed stock exchanges in a filing on Tuesday.
Indian stock markets during the day on Tuesday witnessed a high volatile session and ended flat, witnessing a trend of buying at low by the market participants.
The sell-off in the US stocks is not necessarily a signal that US economic risks have escalated significantly, but it has been because of the unwinding of extended positions in momentum and tech stocks, according to a report by UBS.
Indian stock markets declined sharply during the opening session on Tuesday following the strong sell-off in U.S. markets, reacting to the "Trump Uncertainty Discount" that is affecting global supply chains.
The rout on Wall Street began early, with all three major indexes opening in the red. US stocks witnessed a drop throughout the day, and despite a brief afternoon rally, they closed in the red.
MPs in Lok Sabha and Rajya Sabha raise adjournment motions on urgent issues, including internal security in Manipur and Jammu, underfunded railway projects in Tamil Nadu, stock market losses, and concerns over the delimitation exercise affecting southern states.
The investors, from next week, starting Monday, will keenly be watching global developments in the absence of major domestic events, said market experts adding a possibility of volatility in the Indian stock markets.
After the recent market correction, Nifty's valuations have returned to levels that align with its 5-year and 10-year averages, according to a report by HSBC Mutual Fund.