Asian markets rose on Tuesday after Wall Street's strong performance and a temporary US-China trade easing boosted investors' confidence.

US shares closed higher on Monday, driven by optimism surrounding ongoing trade negotiations between US and its key trading partners.

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

Source: Equitymaster

At present, the BSE Sensex is trading 263 points lower, and the NSE Nifty is trading 72 points lower.

Tata Steel, M&M, IndusInd Bank among the top gainers today.

Adani Port, HUL, and Bajaj Finance, on the other hand, are among the top losers today.

The BSE Midcap index is trading 0.3% higher, and the BSE Smallcap index is trading 0.6% higher.

Sectoral indices are trading mixed today, with stocks in the banking sector and the media sector witnessing selling pressure. Meanwhile, stocks inthe  metal sector and the oil & gas sector are witnessing buying

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

HCL Tech & UiPath Boost Automation Globally

HCL Tech and UiPath have partnered to accelerate automation globally, leveraging UiPath's agentic automation technology and HCL Tech's IT service expertise to enhance customer capabilities and drive business growth.

The partnership will help business automate processes, making them more efficient and requiring less human involvement.

HCL Tech will use AI expertise to implement UiPath platform, enabling automated operations in various areas like finance, supply chain, customer services and etc.

HCL Tech will support the partnership with pre-configured AI agents and controls for seamless deployment and scalability, aiming to enhance business agility, optimize workforce efficiency, and deliver fast returns and automation investment for global enterprise.

HCL Tech and UiPath will set up an AI lab in India to develop automation solutions and support UiPath customers in North America, Europe and Asia Pacific through HCL Tech global delivery model.

CFO of UiPath said that partnering with HCL Tech will hep bring UiPath bring AI-powered automation to enterprise worldwide, enabling business to transform operations and unlock new potential.

Torrent Power Inks LNG Deal with BP Singapore

Torrent Power has signed a 9-year agreement with BP Singapore for the supply of 0.4 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG) from 2027 to 2036.

Torrent power will use the LNG to fuel its 2,730 MW gas-based power plants in India, supporting the country's growing electricity demand and ensuring grid stability during peak periods.

The deal will also benefit Torrent Gas Ltd, supporting its city gas distribution needs for household, commercial, and industrial users, and CNG vehicles, ensuring a reliable gas supply.

Torrent power plans to explore more LNG deals to meet growing demand from its power plant and city gas networks, aiming to ensure reliable energy supply. This move comes as the government pushes to increase gas-based power generation amid rising electricity demand in India.

Torrent power has total installed capacity of 4,838 MW, including gas, renewable and coal-based power. It is also developing additional renewable and pumped storage projects, aiming for total capacity of 11,992 MW.
 

Jindal Stainless Acquires Renewable Energy Stake

Jindal Stainless acquires stake in renewable energy project to power its manufacturing operations.

Jindal Stainless partners with Oyster Renewable Energy to form a special purpose vehicle, Oyster Green Hybrid One, for a 282 MW hybrid renewable energy project.

Jindal Stainless aims to achieve net-zero carbon emission by 2050 with this renewable energy project, energy project, expected to generate 700 million units of power annually, reducing grid dependence and energy cost.

It invests Rs 0.8 billion (bn) initially, with a total planned investment of Rs 1.3 bn for the renewable energy project, expected to commission by Q3FY26.

Jindal Stainless makes stainless steel products for various industries like autos, railways, construction and consumer goods.

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