Asian markets traded higher on Wednesday, after the World Bank raised the region's growth forecast. Japan's Nikkei 225 gained 0.4%, while the Topix rose 0.62%. Hong Kong's Hang Seng index futures indicated a higher opening.

US stock market ended lower on Tuesday as investors opted for profit booking, with the S&P snapping its seven-day gaining streak.

Here's a table showing how US stocks performed on Tuesday:

Source: Equitymaster

At present, the BSE Sensex is trading 194 points higher, and the NSE Nifty is trading 49 points higher.

TCS, Titan, and Trent are among the top gainers today.

Tata Motors, Reliance Industries, and SBI Life Insurance, on the other hand, are among the top losers today.

The BSE Midcap index is trading 0.1% higher, and the BSE Smallcap index is trading 0.2% higher.

Sectoral Indices are trading mixed today, with stocks in the power sector and realty sector witnessing selling pressure. Meanwhile, stocks in the IT sector and consumer durables are witnessing buying speer.

The rupee is trading at Rs 88.8 against the US dollar.
 

Tata Motors' JLR Reports Quarterly Sales Decline

Tata Motors-owned Jaguar Land Rover (JLR) announced on Tuesday that its second-quarter wholesale and retail volumes fell 24.2% and 17.1%, respectively. The decline followed a nearly six-week production halt caused by one of the most severe and high-profile cyberattacks in Britain.

While all markets were affected during the quarter, the UK faced the sharpest impact due to the planned phase-out of legacy Jaguar models and the cyber incident.

JLR had already been under pressure earlier this year, with an 11% drop in July quarter sales, partly due to a temporary pause in shipments to the US after the Donald Trump administration imposed tariffs on car imports.

The company stated that its engine and battery units will resume operations on Wednesday, along with sections of its vehicle production facility, including the body and paint shops. This will allow some of its 33,000 employees to return to work.
 

Titan Sees Strong Q3 Jewellery Outlook

Titan expects its jewellery business to deliver a strong performance in the October-December quarter, despite the high base of the previous quarter.

According to Business Standard, the company noted that demand has remained healthy, supported by the ongoing wedding season and the onset of Navaratri in late September.

Titan anticipates stronger growth in the number of buyers this festive period, followed by sustained momentum during the wedding phase.

To counter the impact of rising gold prices, Titan has launched a new campaign featuring former cricketer Sachin Tendulkar, encouraging customers to exchange their old gold for new designs.
 

CONCOR & UltraTech Cement Sign Rail Pact

The Container Corporation of India Ltd. (CONCOR), a Navratna PSU under the Ministry of Railways, has entered into a strategic partnership with UltraTech Cement Ltd., India's largest cement producer.

This is to transport bulk cement using specialised tank containers - marking a first-of-its-kind large-scale initiative in the country's cement logistics sector.

This collaboration aims to shift bulk cement transportation from road to rail, supporting India's broader push toward sustainable and efficient freight movement.

As part of the agreement, CONCOR will operate dedicated rakes along key rail corridors, creating a more reliable, cost-effective, and lower-emission logistics network.

By leveraging the vast reach of Indian Railways and CONCOR's multimodal logistics expertise, the partnership is set to streamline UltraTech's supply chain while reducing road congestion, fuel consumption, and carbon emissions.

The agreement was signed in New Delhi in the presence of K.C. Jhanwar, Managing Director of UltraTech Cement, and Sanjay Swarup, Chairman and Managing Director of CONCOR.

Industry observers believe this initiative could become a model for similar green logistics collaborations across sectors such as steel, fertilisers, and petroleum, as India continues its journey toward freight decarbonisation.
 

Bajaj Finserv Rebrands its Insurance Business

Bajaj Finserv Limited, the diversified financial services group, has announced the rebranding of its insurance arms as Bajaj General Insurance and Bajaj Life Insurance, previously known as Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance.

The rebranding follows the execution of a Share Purchase Agreement (SPA) signed earlier this year, under which the Bajaj Group acquired Allianz SE's 26% stake in both its general and life insurance joint ventures. With this acquisition, Bajaj Group now holds full ownership of these entities, increasing its stake from 74% to 100%.

According to the company, the rebranding introduces a new identity and campaign - "100% Bajaj. Made in India. Made for India. Made in India." - reflecting the group's strengthened commitment to shaping the future of India's insurance industry.

The new logo embodies the core values that define the Bajaj Group: trust, fairness, transparency, and a deep commitment to contributing to the nation's growth.

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