The Indian rupee rose for the third straight session, closing at 88.05 per dollar, supported by a weaker dollar, stronger equities, and optimism ahead of the US Fed policy outcome.

Gold price surged Rs 1,800 to touch a fresh peak of Rs 1,15,100 per 10 grams in the national capital on Tuesday amid a weak US dollar and growing expectations of rate cut by the Federal Reserve.

TVS Holdings’ board will meet on September 22 to consider issuing cumulative non-convertible redeemable preference shares (NCRPS) as a bonus, aiming at rewarding shareholders while optimizing capital structure without diluting equity control.

Markets regulator Sebi on Tuesday extended the deadline for the settlement scheme to October 16 for all stock brokers associated with certain algo platforms.

Indian markets resumed gains on Tuesday led by auto, IT, and banking stocks, though Sensex and Nifty closed lower. Key movers included Redington, Godfrey Phillips, Nirman Agri, Anant Raj, Vodafone Idea, and JBM Auto.

LIC has raised its stake in Tech Mahindra to 10.84% despite a 10% YTD stock decline, signaling confidence in the IT major’s long-term growth potential amid weak global tech spending.

On Tuesday, the benchmark Sensex climbed by around 595 points to close at 82,380. Riding the wave of a broader market rally, six stocks from the BSE 200 index touched their 52-week highs. Eicher Motors, Maruti Suzuki India, and Hyundai Motor India led the gains, with strong price momentum seen across auto, industrial, and financial names, signaling bullish sentiment and sustained investor confidence.

European shares slipped on Tuesday, dragged by a drop in rate-sensitive banks and insurance sector stocks, as investors turned cautious ahead of a highly anticipated monetary policy verdict by the U.S. Federal Reserve on Wednesday.

The Indian rupee strengthened, reaching a one-week high, driven by expectations of a U.S. Federal Reserve rate cut that weakened the dollar. Despite foreign investor outflows and concerns over U.S. tariffs, the rupee found support. The Reserve Bank of India s intervention and upcoming trade talks between India and the U.S. also influenced the currency s performance.

Pune-based GK Energy has filed its red herring prospectus for an IPO opening on September 19, with subscriptions open until September 23. The offering includes a fresh issue of Rs 400 crore and an offer for sale of Rs 64 crore. The company, a solar EPC player, reported revenues of Rs 1,095 crore in FY25 and has an order book of over Rs 1,000 crore.