BSE Smallcap index outperformed broader markets to close at 27,549.73, up by 0.34 per cent.

Since then, its stock prices crashed nearly 18 per cent from the high of June 20, 2022, and made a low of Rs 34.75. However, here comes some relief for the shareholders of SpiceJet as its stock price has rebounded sharply from the lower levels and soared 10 per cent on Tuesday.   

Indices closed flat amid volatility. Nifty hit a high of 17,390 but in the last half an hour, witnessed profit booking. The benchmark index closed higher by 5 points at 17,345 while Sensex gained 20 points.

Coca-Cola and the win against inflation. Demand for sugary sodas and packaged food remains strong despite the 40-year-high inflation.

After reporting a strong quarterly performance on Monday, the shares of Barbeque Nation Hospitality Ltd are buzzing on the bourses today.

On Tuesday, the share price of ITC jumped nearly 3 per cent to a new 52-week high of Rs 316.65 a piece on BSE, after its consolidated net profit rose 33.46 per cent on a YoY basis to Rs 4,462.25 crore in April-June 2022 quarter. 

Considering the yearly performance, the net profit of company soared 730.8 per cent to Rs 8.64 crore as against Rs 1.04 crore during the previous year ended in March 2021.

S&P BSE Fast Moving Consumer Goods is at 15,584.98 up by 72.55 points or 0.47 per cent

At 11 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally lower thereby, ending their consecutive gaining streak in the past five sessions.  

Company has signed an MoU with the Government of Gujarat to invest Rs 500 crore in electric vehicle research and development in Gujarat.