Mumbai's western suburbs are seeing another premium residential launch, with Rustomjee introducing Ozone Skye in Goregaon West, a high-rise project with an estimated gross development value (GDV) of around ₹400 crore.
The correction comes after bullion prices had gained momentum amid changing expectations around US monetary policy, movements in government bond yields and heightened demand for safe-haven assets.
Shares of Hindustan Copper declined nearly 7 per cent in early trade after the government announced its offer for sale (OFS) in the state-owned copper producer.
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.