The Indian rupee traded in a narrow range and weakened 4 paise to ₹95.74 against the US dollar in early trade. The currency had settled at ₹95.70 in the previous session after gaining a marginal 1 paisa.
On the NSE, Sunshine Pictures shares opened at ₹395.90, representing a gain of ₹35.90, or 9.97 per cent, over the issue price. On the BSE, the stock debuted at ₹394, translating into a 9.44 per cent premium.
Shares of Tata Consultancy Services (TCS) reversed their initial gains and slipped nearly 1 per cent during intra-day trading after the company.
Shares of PVR Inox Ltd gained nearly 4 per cent in intra-day trading after the company announced that its board of directors would consider a share buyback proposal.
Shares of Ceigall India Ltd gained nearly 5 per cent after the company announced that it had received Letters of Acceptance (LoAs) from the Ministry of Road Transport and Highways (MoRTH) for a major highway construction project in Arunachal Pradesh.
Shares of Shankesh Jewellers made a strong debut on the Indian stock exchanges on Tuesday, outperforming pre-listing expectations. The jewellery wholesaler's shares listed at a premium of more than 11 per cent on the NSE.
Indian equity markets came under pressure on Tuesday, with the benchmark Sensex falling nearly 200 points and the Nifty 50 slipping below the 24,150 mark as investors remained cautious amid weak global cues.
Priority Jewels Ltd is set to enter the primary market with its Initial Public Offering (IPO) on August 28, offering investors an opportunity to subscribe to its shares in the price band of Rs 190-200 per equity share.
MSM Unify, a global platform connecting students, recruitment partners and universities across international markets, has appointed Rishi Kapoor as Chief Financial Officer (CFO).