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After opening the day on a positive note, the Indian share market traded with tepid gains throughout the session, the benchmark S&P BSE Sensex ended marginally higher.

Indian benchmark indices Indian share markets ended a tad higher on Tuesday as investors keenly await crucial economic figures like India's GDP data for the June quarter later today.

At the closing bell, the BSE Sensex stood higher by 79 points (up 0.1%).

Meanwhile, the NSE Nifty closed higher by 37 points (up 0.2%).

Hindalco and UPL were among the top gainers today.

HUL and Bharti Airtel were among the top losers today.

Check out the NSE Nifty heatmap to get the complete list of gainers and losers.

The Gift Nifty was trading at 19,347, down by 7 points, at the time of writing.

Broader markets ended on a positive note. The BSE Midcap index ended 0.5% and the BSE SmallCap index ended 0.6% higher.

Sectoral indices ended on a mixed note with stocks in the metal sector and the realty sector witnessing most of the buying.

On the other hand, stocks from the telecom sector and FMCG sector witnessed selling pressure.

Shares of NESCO and 3M India hit their 52-week highs today.

Now track the biggest movers of the stock market using the stocks to watch today section. This should help you keep updated with the latest developments...

Asian share markets ended on a positive note. The Nikkei ended 0.2% higher and Hang Seng ended 1.9% higher while the Shanghai Composite ended 1.2% higher.

The rupee is trading at 82.72 against the US$.

Gold prices for the latest contract on MCX are trading 0.2% lower at Rs 58,986 per 10 grams.

Meanwhile, silver prices for the latest contract on MCX are trading higher by 0.3% at Rs 75,419 per kg.
 

Why Greaves Cotton share price is rising

In news from the auto sector, Greaves Cotton shares were trading 2% higher on 29 August 2023, after the auto-component maker's business unit Greaves Retail announced the launch of Power Raja, a complete range of batteries for e-rickshaws.

The batteries intended for e-rickshaws are powered by lead-acid technology and come in a capacity range of 120 ampere-hour to 150 ampere-hour.

Power Raja by Greaves will play a pivotal role in the booming e-rickshaw industry. We aim to empower e-rickshaw operators with a reliable and eco-friendly solution that enhances their profitability and sustainability.

Greaves Cotton is engaged in the business of manufacturing engines, gensets, farm equipment, and spares related to EVs.

The company also manufactures and markets electric two-wheelers under the brand name Ampere and three-wheelers under the names Ele and Teja.

Note that the electric vehicle (EV) megatrend is a once-in-a-century revolution happening right in front of us.

The revolution has taken the auto sector by storm. All segments of the sector are ripe for disruption, and India's top EV stocks are set to benefit from this shift.

It remains to see how all this pans out.
 

Gensol Engineering shares hit the upper circuit. Here's why

Moving on to news from the engineering sector, Gensol Engineering's share price locked at 5% upper circuit today after the company bagged Solar EPC projects in Dubai.

The company announced its two turnkey maiden international solar engineering, procurement, and construction (Solar EPC) projects with the Dubai Government Workshop Warehouse and the Dubai Police.

Aggregating to a capacity of 14.08 MWp, these projects have a cumulative order value of Rs 1 bn without taking taxes into account.

The two turnkey contracts with the Dubai Government Workshop Warehouse and the Dubai Police entail design, engineering, supply, construction, erection, testing, and commissioning along with the operation & maintenance of these projects.

The Dubai Government Workshop Warehouse project is slated for commissioning in November 2023, while the Dubai Police project is scheduled to go online in June 2024.

Earlier this month, the company received a LoI from Odisha Renewable Energy Development Agency (OREDA) to provide 300 electric vehicles with fleet management service on an operating lease for five years.

India is home to many prominent engineering companies that cater to a wide range of sectors. From infrastructure to automobiles, these companies are known for their innovative solutions and quality services.

Gensol Engineering is one engineering company in India that is driving the country's growth and development.
 

Som Distilleries secures supply permit in Chhattisgarh

Moving on to news from the food and tobacco sector, Som Distilleries shares were trading 5% higher in the morning trade today following an announcement by the alco-beverages maker that it had obtained permission to supply in the state of Chhattisgarh.

The Som Group, which owns Som Distilleries and Breweries also operates a bottling unit in Bilaspur, Chhattisgarh under the name Legend Distilleries.

Som Distilleries is engaged in producing alcoholic beverages, including whisky, brandy, vodka, and gin.

The stocks are a part of Dolly Khanna's portfolio.

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