Asian markets traded higher on Tuesday, following an overnight rally on Wall Street fuelled by tech stocks.

US stock market indexes registered record closing highs for a third straight session on Monday, led by gains in technology shares.

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

Source: Equitymaster

At present, the BSE Sensex is trading 132 points lower, and the NSE Nifty is trading 46 points lower.

Maruti Suzuki, M&M, and Tata Motors are among the top gainers today.

Adani Ports, Bharti Airtel, and Kotak Mahindra, on the other hand, are among the top losers today.

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

Sectoral indices are trading mixed today, with stocks in the auto sector and the metal sector witnessing buying. Meanwhile, stocks in the media sector and the IT sector witnessed selling pressure.

The rupee is trading at Rs 88.1 against the US dollar.
 

JBM Auto Enters UAE E-Bus Market

Dubai-based Al Habtoor Motors and JBM Electric Vehicles, a division of JBM Auto, formed a strategic alliance to supply the UAE market with next-generation electric buses.

As the exclusive importer and distributor of JBM's electric buses in the United Arab Emirates, Al Habtoor Motors will support nationwide deployment and service infrastructure as part of this partnership.

By implementing cutting-edge electric mobility solutions that lower emissions, lower operating costs, improve passenger comfort, and modernise public transport throughout the region, the two companies desire to support the UAE's Net Zero by 2050 Strategic Initiative.

With a capacity of 20,000 buses per year, JBM Electric Vehicles specialised integrated manufacturing facilities in India currently produce a wide range of e-buses.

JBM Auto, a company based in Gurugram, obtained a $100 million long-term capital investment in rupee equivalent from the International Financial Corporation (IFC) last week.

Modern, air-conditioned electric buses will be installed throughout Gujarati, Assamese, and Maharashtra cities thanks to the investment.
 

KEC International Secures Major Global Deal

KEC International Limited, a major global infrastructure company and member of the RPG Group, announced that it had secured new orders totalling Rs 32.4 billion (bn) in its transmission and distribution (T&D) business.

According to the company, this includes the biggest EPC order it has ever had.

The new orders cover the supply of towers, hardware and poles in the Americas as well as 400 kV transmission lines in the United Arab Emirates (UAE).
 

RVNL Wins Southern Railway Project Order

State-owned Rail Vikas Nigam Limited (RVNL) was declared the lowest bidder (L1) for a significant Southern Railway project. The project is worth Rs 1.5 bn and is intended to support the Mission 3000MT loading target.

The project involves designing, supplying, erecting, testing, and commissioning traction substations with associated equipment and systems, including SCADA and Automatic Fault Locator systems, for the Salem division.

The order is estimated to be completed within 540 days.

This project aims to support a 3,000 MT loading target. Notably, this is the company's second order this month, following a Rs 1. 7 bn order from West Central Railway on 10 September 2025.
 

Brigade Enterprises Inks Banashankari Project Deal

Brigade Enterprises Limited, a real estate company, announced that it has inked a joint development agreement to build a residential project in Banashankari, south Bengaluru.

The project, spanning 7.5 acres, has a gross development value (GDV) of approximately Rs 12 bn.

According to the company, Brigade's dedication to establishing first-rate urban living experiences in Bengaluru's growth corridors will be strengthened by the project's anticipated delivery of well-planned, superior residential spaces.

The project is poised to become a landmark residential address in southern Bengaluru due to its proximity to key commercial centres, educational institutions, and infrastructure.

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