Indian equity markets are expected to open on a weaker note on Tuesday, with early indicators pointing to a subdued start. At around 7:45 a.m., Gift Nifty was trading at 23,974, down 30.50 points or 0.13%, indicating a negative opening for the domestic market.
Geopolitical tensions in West Asia and cautious global investor sentiment are also expected to influence market sentiment. Analysts said investors will continue to monitor international developments, fluctuations in crude oil prices, and global economic indicators. Although discussions on a ceasefire in Qatar are ongoing, recent military activity in the region has increased uncertainty, which could affect risk appetite and have an impact on Indian markets.
Kotak Mahindra Bank has entered into an agreement to acquire the retail banking, private banking, and wealth management businesses of Deutsche Bank in India.
RailTel Corporation has received a work order worth approximately ₹107.6 crore from Mahanadi Coalfields Limited. The 60-month contract relates to the establishment and operation of an MPLS VPN network.
Tata Communications said that Genius Wong, Executive Vice President (Core and Next-Gen Connectivity Services) and Chief Technology Officer, has resigned from the company. His resignation will take effect on July 31, 2026.
Rane (Madras) has entered into an agreement to acquire the friction business of Hindustan Composites. The transaction, with an enterprise value of approximately ₹370 crore, is intended to expand the company's product portfolio and manufacturing capabilities.
RHI Magnesita India has appointed Pankaj Malhan as its Managing Director and Chief Executive Officer with effect from July 1, 2026.
Hexaware Technologies has launched "Tensai for Reasoning Ops" under its "Tensai Agentic ITOps" platform. The company said the solution is designed to enhance artificial intelligence-driven IT operations.
NTPC Green Energy's subsidiary, Ayana Renewable Power, has secured a 193 MW wind power project in an auction conducted by Madhya Pradesh Power Management Company Limited (MPPMCL). The project was awarded at a tariff of ₹4.17 per unit.
Max Healthcare has acquired 100% voting rights and a 50.22% economic interest in Yerwada Properties Private Limited as part of its plan to develop a 450-bed super-speciality hospital in Pune. Following the acquisition, the company has become a subsidiary of Max Healthcare.
Bank of Maharashtra has announced that it will consider a proposal to raise up to ₹7,500 crore in equity capital through various modes.
Muthoot Microfin plans to raise up to ₹3,000 crore through private placement of non-convertible debentures (NCDs) and up to ₹1,000 crore through public issuance of NCDs during FY2026-27.
Primary market activity will also remain in focus, with the shares of Waterways Leisure Tourism Limited and Advit Jewels Limited scheduled to be listed on the stock exchanges today.
