Business & Economy at a Glance | The Worlodonomics Times

Business & Economy at a Glance | The Worlodonomics Times

Indian equity markets opened on a cautious note Tuesday, mirroring mixed Asian cues and reacting to domestic inflation data released yesterday. Retail inflation plummeted to a 99-month low of 1.54% in September, largely driven by a continued fall in food prices. This has fueled expectations of a potential rate cut by the Reserve Bank of India in its upcoming monetary policy review.

In corporate news, the much-anticipated market debut of Tata Capital saw a muted response, with shares listing at a modest premium. Meanwhile, today marks the record date for the demerger of Tata Motors' commercial vehicles business. The stock will trade as two separate entities—Tata Motors Passenger Vehicles Ltd. and the commercial vehicle arm—from the next session.



On the international front, escalating trade tensions between the United States and China continue to cast a shadow on global markets. US President Donald Trump's recent announcement of an additional 100% tariff on Chinese imports has triggered risk-off sentiment across Asia.

Key Market Movers:
Tata Motors: In focus as today is the last day of trading as a consolidated entity before the demerger of its commercial vehicle business.

Tata Capital: Made a subdued debut on the stock exchanges after its Initial Public Offering (IPO).

Avenue Supermarts (DMart): Reported a 4% year-on-year increase in net profit, with revenue climbing by 15.5%.

HCLTech: Announced a flat net profit of Rs 4,235 crore for the second quarter.

Infosys: Unveiled a new Customer Experience Suite for Salesforce, integrating its Topaz AI tools to enhance enterprise customer interactions.

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