Although the benchmark indices opened lower, they traded negatively throughout the session and ultimately closed in the red.
Indian equity benchmark indices, Sensex and Nifty50, extended losses to the second session as bank, auto, realty, and healthcare stocks weighed amid renewed US-Iran tension.
At the closing bell, the BSE Sensex closed 13 points lower
Meanwhile, the NSE Nifty closed 24 points lower (down 0.1%)
ITC, HCL Tech, Infosys are the top gainers today.
Maruti Suzuki, SBI, M&M, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 24,074, 152 points lower at the time of writing.
The BSE 150 Midcap index is trading 0.9% lower, and the BSE 250 SmallCap index is trading 0.04% higher.
Sectoral indices were trading mixed today, with the IT sector and Energy sector witnessing buying. Meanwhile, stocks in the telecommunication sector and auto sector witnessed selling pressure.
The rupee is trading at Rs 94.9 against the US$.
Gold prices for the latest contract on MCX are trading 1.2% lower at Rs 1,52,529 per 10 grams.
Meanwhile, silver prices were trading 1.6% lower at 2,29,983 per 1 kg.
Maruti Suzuki Announced August Sales Update
Maruti Suzuki's shares came into focus on Tuesday after the company released its August sales figures.
While domestic passenger vehicle sales recorded strong growth of 34.8% year-on-year to 176,971 units, exports declined 7.4% to 33,844 units.
The growth in domestic sales was mainly driven by utility vehicles, which rose 46.3% year-on-year to 79,045 units. Passenger-car sales also increased 29.4% to 85,965 units.
For April-August FY27, total sales stood at 1.14 million units, marking a 28.6% increase from the same period last year. Domestic passenger vehicle sales rose 35.6%, while exports also remained higher on a cumulative basis.
PVR INOX Announces Share Buyback Plan
Multiplex operator PVR INOX has approved its first-ever share buyback, just days after announcing that its board would consider the proposal.
The company's board approved the buyback on August 31, under which up to 20.69 lakh shares will be repurchased through the tender offer route. The company will offer Rs 1,450 per share, with the total buyback amount capped at Rs 3 billion.
The buyback represents around 4.1% of PVR INOX's paid-up equity capital and free reserves, based on its audited financial results for FY26.
The offer will be available to eligible shareholders on a proportionate basis. September 4, 2026, has been set as the record date, which will determine which shareholders are eligible to participate.
PVR INOX also said that members of its promoter group plan to participate in the buyback.
The company's Buyback Committee has been authorised to increase the buyback price before the record date, if required. However, any increase in the price would be accompanied by a proportionate reduction in the number of shares bought back, keeping the overall buyback amount unchanged.
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