Indian equities, as indicated by GIFT Nifty futures in early trade, started Tuesday’s session on a positive note after the US President Donald Trump announced a ceasefire between Iran and Israel. At the open, the NSE Nifty50 climbed 0.79 per cent to 25,170.
Stocks to watch
Scoda Tubes: The company, after its listing lately, will report its fourth quarter results today.
Vedanta: Shares of the diversified metals company will trade ex-date today for its interim dividend of Rs 7 per share.
Polycab India: Shares of the company will trade ex-date today for its final dividend of Rs 35 per share.
Kalpataru IPO: The company’s initial public offering (IPO) will open for subscription today and will close on June 26. The issue is completely a fresh issue of Rs 1,590 crore.
Asian markets
Amid hopes of de-escalation, Asian markets mostly rose in early trade today. The key MSCI Asia ex Japan index traded higher by a sharp 1.78 per cent at 633.3.
