Most Asian stocks moved in a flat-to-low range on Tuesday as investors remained on edge over the Iran-Israel conflict, especially after U.S. President Donald Trump called for the evacuation of Tehran.

US stock indices gained on Monday as oil prices eased amid the ongoing conflict between Israel and Iran.

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

Data Source: Equitymaster

At present, the BSE Sensex is trading 93 points lower, and the NSE Nifty is trading 39 points lower.

HCL Tech, NTPC, and SBI are among the top gainers today.

Tata Motors, ONGC, and Titan hand are among the top losers today.

The BSE Midcap index and the BSE Smallcap index are trading 0.2% higher.

Sectoral indices are trading on a mixed note today, with stocks in the consumer durables sector and the healthcare sector witnessing selling pressure. Meanwhile, stocks in the power sector and the telecom sector are witnessing buying.

The rupee is trading at Rs 85.94 against the US dollar.

In commodity markets, gold prices are trading flat at Rs 98,875 per 10 grams today.
 

NTPC to Raise Funds

NTPC Ltd is gearing up for a major fundraising move. The state-run power giant will consider raising up to Rs 180 bn through bonds at its board meeting scheduled for 21 June 2025. The plan includes issuing secured or unsecured, taxable or tax-free, redeemable, non-convertible debentures (NCDs), subject to shareholder approval.

This comes right after the company raised Rs 4,000 crore through a private placement of NCDs on June 17. These bonds offer an annual coupon of 6.89% and mature on June 18, 2035. The funds are set to go towards capital expenditure, refinancing of loans, and other corporate needs. The instruments will be listed on the NSE.

At the same time, NTPC continues to expand its power footprint. It recently completed trial operations for Unit-3 (660 MW) at its North Karanpura Super Thermal Power Project in Jharkhand. With this addition, NTPC's total installed capacity has risen to 81,368 MW on a group level and 60,266 MW on a standalone basis. Located in Chatra district, the coal-based project consists of three units of 660 MW each.

Apart from this, with India targeting a massive expansion to 100 GW by 2047, NTPC is well positioned to benefit. 
 

TCS Partners Salling Group

Tata Consultancy Services (TCS) is stepping into a major global retail transformation. The company has announced a long-term strategic partnership with Salling Group, Denmark's largest retailer, to support its journey towards digital transformation and AI-driven cloud migration.

The collaboration is set to impact over 2,100 stores and 68,000 employees spread across Denmark, Poland, Germany, Estonia, Lithuania, and Latvia. It will cover a wide range of Salling Group's brands-including toy store BR, quick-service restaurant franchises like Carl's Jr. and Starbucks, and grocery chains such as føtex, Bilka, Netto, and RIMI Baltic.

As part of the partnership, TCS will help Salling Group move to the cloud and modernise its operations. The goal is to bring more agility, scale, and sustainability to the company's day-to-day functions, enabling it to respond faster to customer needs and stay competitive in a rapidly evolving retail landscape.

TCS Stands as one of the Tata group companies that have a good track record in paying dividends. 
 

Zee Promoters to Raise Stake

Zee Entertainment is set to receive a major financial boost from its promoters, who plan to increase their stake in the company from 4.28% to 18.39% through a preferential allotment of fully convertible warrants worth Rs 2,237.4 crore.

Following two rounds of board meetings on Sunday, Zee approved the issuance of up to 16.95 crore warrants to promoter group entities at Rs 132 per warrant-above the regulatory floor price of Rs 128.58. This marks the first significant promoter-led capital infusion in the company in years and signals renewed commitment from the Subhash Chandra-led group.

The capital raise, subject to shareholder approval, is aimed at strengthening Zee's financial position as it accelerates its shift towards a content-tech-driven growth model.

The infusion also comes at a critical time as the company deals with a weak stock performance and the ongoing fallout from its failed merger with Sony.
 

Hyundai Motors Begins Passenger Vehicle Manufacturing

Hyundai Motor India Ltd (HMIL) has officially commenced engine manufacturing at its Talegaon facility near Pune, marking a key step in its expansion strategy. While full-scale passenger vehicle production is yet to begin, the company stated that a separate announcement will be made once assembly operations are underway.

The Talegaon plant, located in Maharashtra's industrial belt, was acquired from General Motors through an asset purchase agreement signed in 2023, with the acquisition completed in January last year. The facility has an existing annual production capacity of 1.3 lakh units.

Hyundai plans to invest in phases to upgrade the plant's infrastructure and manufacturing capabilities, positioning it as a significant addition to its production network in India. This development comes as the company strengthens its footprint in the country's growing automobile market.

General Motors, which previously operated the Talegaon facility, had exited the Indian passenger car market at the end of 2017 as part of a global restructuring move.

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