Asian share markets are mixed today as traders wait for US inflation data to decide their next course of action.

The Nikkei is trading 0.8% higher while the Hang Seng index and Shanghai Composite are trading flat.

US stocks edged higher on Monday. The Nasdaq rose 1.1%, while the Dow Jones Industrial Average ended 0.3% higher.

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

Source: Equitymaster

Back home, Indian share markets are trading on a positive note.

At present, the BSE Sensex is trading higher by 157 points. Meanwhile, the NSE Nifty is trading up by 20 points.

L&T and ICICI Bank are among the top gainers today.

BPCL and NTPC on the other hand are among the top losers today.

Broader markets are trading on a negative note. The BSE Mid Cap index is trading 1.4% lower and the BSE Small Cap index is trading lower by 1.7%.

Sectoral indices are trading mixed with stocks in the banking sector and the capital goods sector is witnessing buying.

Shares of L&T and Lupin hit their 52-week high today.

The rupee is trading at Rs 83.01 against the US dollar.

In commodity markets, gold prices are trading marginally higher at Rs 58,975 per 10 grams today.

Meanwhile, silver prices are trading marginally 0.4% higher at Rs 72,210 per 1 kg.
 

NTPC Partners Nayara Energy

NTPC Green Energy Limited (NGEL) has agreed with Nayara Energy to explore opportunities in the green hydrogen space.

The memorandum of understanding (MoU) was signed between NGEL CEO Mohit Bhargava and Nayara Energy Head-Technical Amar Kumar on Monday in the presence of other senior officials of both sides.

This collaboration is in line with NTPC's initiatives to develop hydrogen projects in India and aligns with the government's vision of Atmanirbhar Bharat.

NGEL CEO Bhargava said green hydrogen would be a crucial element of India's clean energy future, and with this partnership, the company will explore and implement cutting-edge technologies to produce green hydrogen.

NTPC Green Energy Limited is a subsidiary of energy major NTPC.

NTPC, under the Ministry of Power, is India's largest power utility having a total installed capacity of over 73 gigawatts (GW).

NTPC Group has a plan to build a renewable energy capacity of 60 GW by 2032 and is working on a pipeline of over 20 GW.

The transition from grey to green hydrogen is happening at a faster pace than expected. NTPC is one of the companies that are contributing to this transition. 

As a part of its drive to diversify into clean energy, NTPC is stitching a grand green-hydrogen roadmap. 
 

TCS joins the Living Heart Project

Tata Consultancy Services on Monday said it joined the Living Heart Project of European technology major Dassault Systemes to create accurate digital human heart models.

In a filing with the exchange, TCS announced its plans to utilize its technological and domain expertise, as well as its research on the Digital BioTwin of the heart, to aid in the development and validation of precise and personalized digital models of the human heart.

This will involve refining models, simulations, and implementing technology.

The TCS Digital BioTwin is a biophysics-based high-fidelity computational model developed by TCS researchers to enable the investigation of the function of a particular human organ remotely and non-invasively.

The Living Heart Project unites an ecosystem of cardiovascular researchers, educators, medical device developers, regulatory agencies, including the US FDA, and practicing cardiologists, to develop and validate realistic digital simulations of the human heart.

A groundbreaking project with the Living Heart simulated 3D heart model will examine the use of heart simulation as a source of digital evidence for new cardiovascular device approvals.

With this, medical devices could be designed and safely tested in the virtual world before ever being tested in the real world.

Tata Consultancy Services (TCS) is a bright shining star in the galaxy of Tata Group companies.

TCS has been one of the favorite stocks of investors because of the performance it has delivered since its listing.

If you had invested Rs 1 lakh in TCS shares at the issue price of Rs 850 in the IPO in 2004, the value of that investment today would be around Rs 3,176,000, a return of almost 3,000% by August 2022.

With strong fundamentals, it stands among the 5 best long-term companies of 2023.

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