Nifty Rises 100 Points, Sensex Opens at 77,245

Indian stock markets opened higher on Tuesday with Nifty gaining 100 points and Sensex at 77,245, even as Brent crude oil prices surged to $111 per barrel amid global supply concerns.

Market Opens Flat; Maruti Shares in Focus

Indian stock markets opened on a flat note on April 29, with Sensex and Nifty trading marginally lower. GIFT Nifty and US markets also showed mixed trends. Maruti Suzuki shares remain in focus amid recent developments.

Gold, Silver Rates Steady Ahead of Fed Meeting

Gold and silver prices hold steady as markets await US Federal Reserve's decision on interest rates. Analysts expect rates to remain unchanged, with gold technicals showing downside bias.

Rupee hits 94.57, closes at 94.54; Sensex, Nifty fall

The rupee touched a low of 94.57 per dollar on Tuesday, its weakest since March 30, before closing at 94.54. Sensex fell 0.5% to 76,887 and Nifty declined 0.4% to 23,995, pressured by higher crude oil prices and RBI's credit-loss guidelines.

Centre Revives IDBI Bank Stake Sale, Fresh Valuation

The government has revived the strategic sale of its and LIC's stake in IDBI Bank after bids were rejected. A fresh valuation is being undertaken, and officials are deciding whether to limit the process to existing bidders or start anew.

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