The US Federal Reserve opened its two-day policy meeting Tuesday, with the central bank widely expected to hold off on further interest rate cuts despite fierce political pressure from President Donald Trump to slash levels.

IGI India reported robust Q2 FY25 results, with revenue up 16% and PAT surging 63% YoY. EBITDA rose 37%, driven by strong momentum across all core segments. Margins improved notably, reflecting operational efficiency and increased demand for certification services.

Jio Financial Services board is scheduled to meet on Wednesday, July 30, to consider a fundraising proposal. The plan may involve the issuance of equity shares or warrants, through modes such as a rights issue, preferential allotment, or qualified institutional placement (QIP).

Indian indices snapped a 3-day losing streak on Tuesday, led by auto and pharma gains. Nifty rose 0.6% and formed a bullish engulfing pattern, indicating a potential trend reversal. Technical charts suggest further upside if 25,000 is crossed decisively.

Tilaknagar Industries will raise ₹2,296 crore through a preferential issue of equity shares and warrants to fund its ₹4,150 crore acquisition of Imperial Blue whiskey from Pernod Ricard. The issue, priced at ₹382 per security, includes participation from promoters and institutional investors.

The Indian rupee fell to its lowest level this fiscal, closing at 86.8150 against the dollar. A strong greenback, importer demand, and US trade deal uncertainty pressured the currency. Limited RBI intervention and FOMC cues add to investor caution.

NTPC reported an 11% YoY rise in Q1FY26 net profit to Rs 6,108 crore, despite a 3% decline in revenue. Profit and revenue fell sequentially. The board set September 4 as the record date for a Rs 3.35/share final dividend.

Electrical goods manufacturer V-Guard Industries Ltd on Tuesday reported a decline of 25.4 per cent in its consolidated net profit to Rs 73.85 crore for the June quarter of FY26.

Boeing s quarterly losses more than halved and were much smaller than analysts predictions as the U.S. planemaker ramped up jet production and deliveries, recovering from a regulatory crisis and a major strike that halted most production last year.

Indian markets rebounded smartly on Tuesday with Sensex rising over 400 points and Nifty closing above 24,800. Gains were led by healthcare, energy, and realty stocks. Torrent Pharma and EID Parry were among breakout performers hitting fresh 52-week highs.