Asian markets rose on Tuesday as China-US trade talks continued for e second day, with a US official hitting at a potential deal with a strong handshake.

Us markets rose slightly on Monday as optimism grew after the first day of US-China trade talks ended on a positive note.

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

Source: Equitymaster

At present, the BSE Sensex is trading 50 points lower, and the NSE Nifty is trading 7 points higher.

IndusInd Bank, Ultra Tech Cement, and Tech Mahindra are among the top gainers today.

ICIC Bank, Asian Paints, and Bajaj Finserv, 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 financial service sector and the banking sector witnessing selling pressure. Meanwhile, stocks in the metal sector and the media sector witnessed buying.

The rupee is trading at Rs 85.5 against the US dollar.
 

IRB Infra's Toll Revenue Jumps Higher

IRB Infrastructure's toll revenue increased 9% to Rs 5.8 billion (bn) in May 2025.

IRB's MP Expressway in Maharashtra contributed to Rs 1.6 bn to toll revenue in May, up from Rs 1.3 bn in the same period last year.

IRB's Golconda Expressway in Hyderabad contributed Rs 0.7 bn to revenue in May, up from Rs 0.6 bn in the same period last year.

IRB's Ahmedabad-Vadodara toll way contributed Rs 0.7 bn, up from Rs 0.6 bn last year, ranking third in toll collection.

IRB's TOT-12 projects collected Rs 0.3 bn in toll revenue, up from Rs 0.4 bn in the same period last year.

The 9% toll revenue growth is due to the vacation season, despite some impact from pre-monsoon rains, added IRB's deputy CEO.

It also expects sustained growth due to increased vehicle registration and competition of ongoing projects.

IRB is India's leading highway infrastructure developer, with asset over Rs 800 bn across 12 states.
 

Tata Power Solar Reaches 4GW Production Mark

Tata Power's TP Solar has crossed 4GW of solar module production at its Tamil Nadu facility, producing 4,049 MW of modules and 1,441 MW of solar cells.

TP Solar's Tamil Nadu plant is India's largest single-location solar manufacturing facility, with a 4.3 GW capacity for both the modules and cells, and space for future expansion.

Tata Power aims to increase production to 3.7 GW of solar cells and 3.7 GW of modules by FY26, supporting India's clean energy targets.

Tata Power's Rs 43 bn Tirunelveli plant manufacture solar modules and cells locally, supporting India's solar ambitions with advanced technologies.

The company's Bengaluru plant, with 682 MW module and 530 MW cell capacity, is operating fully to meet domestic content requirement.

Jana Small Finance Bank Seeks Upgrade

Jana Small Finance Bank has applied to the Reserve Bank of India (RBI) to transition into a universal bank, expanding its bank services and operations.

To get a universal banking License, Jana Bank needs to meet criteria like being listed, having Rs 100 bn net worth, and meeting capital requirements.

The bank also needs to show profitability in the last two financial years and keep bad loan ratios within limits.

The RBI will review Jana Bank's application, and if eligible, it will be sent to a committee for further evaluation, potentially allowing it to become a full-service bank.
 

Capri Global Launches QIP Issue

Capri Global Capital launched a QIP, setting a minimum share price of Rs 153.9.

Capri Global's QIP committee approved the QIP issue and preliminary documents, following SEBI regulations and the companies Act.

Capri Global may offer a 5% discount on the floor price of Rs 153.9 and the final issue price will be decided with the book running lead manager.

Capital Global's trading window remains closed for certain insiders until 48 hours after the QIP issue price is finalized.

Capri Global is an NBFC operating in MSME, affordable housing, construction finance, car loans, and gold loans.

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