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Stock Market Live: Sensex, Nifty Near Day's High As RIL, NTPC, HDFC Bank Rise; Oil & Gas Stocks Gain

Markets in the Asia-Pacific region were trading on a mixed note on Tuesday on lack of significant cues.

Share indices in Japan and Australia were largely trading flat. Markets in Hong Kong declined.

Brent crude was trading 0.04% lower at $73.53 a barrel. Gold was up 0.35% at $2,053.08 an ounce.

The GIFT Nifty was trading 0.06% higher at 21,423 as of 07:16 a.m. ....

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Kotak Bank Shares Gain The Most In 17 Months As MSCI Is Seen Increasing Weight

Shares of Kotak Mahindra Bank Ltd. advanced the most in 17 months on Tuesday, as analysts expect MSCI to increase the bank's weigh in May 2023 review because of the drop in foreign shareholding.

The FPI shareholding in the company fell from 42.7% to 41.2% sequentially in the fourth quarter of FY23. The drop in shareholding expanded the bank's foreign room to 25%. ....

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