Indian Indices End Higher, Updates from the IPO Space, and Top Stocks in Action Today

On Tuesday, share markets in India witnessed buying interest during closing hours and ended higher.

The BSE Sensex closed higher by 239 points to end the day at 38,939. Yes bank and Tata Motors were among the top gainers.

While the broader NSE Nifty ended up by 67 points to end at 11,672.

Among BSE sectoral indices, realty stocks gained the most by 1.4%, followed by automobile stocks and banking stocks.
Top Stocks in Action Today

Tech Mahindra share price will be in focus today as the company received approval for proposal to acquire 18.1% equity shares each of Infotek Software and Systems and Vitaran Electronics.

Ashok Leyland share price will be in focus today as the company is aiming to set up more assembly plants overseas, including the CIS region and African countries, as part of plans to scale up its global operations.

The company is banking on its new range of medium and heavy commercial vehicles (M&HCV) and light commercial vehicles (LCVs) to help it enter new regions beyond its traditional stronghold such as the Middle East, SAARC countries and pockets of Africa.

Market participants will also track Tata Steel share price.

Reportedly, the company's subsidiary - Tata Sponge Iron is likely to take over the operations of Usha Martin's (UML) steel unit in Jamshedpur. The money from the deal will be kept in an escrow account of State Bank of India (SBI) and will be utilised to repay UMLs debt.

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