The Indian equity markets rebounded on Tuesday, ending a three-day losing streak amid broad-based buying in the latter half of the session. The benchmark Nifty index surged 140 points to close at 24,821, reclaiming the 24,800 level.
Key Highlights:
🔹 Hind Rectifiers shares locked in a 20% upper circuit after the company announced its quarterly results and unveiled plans to raise funds through a warrant issue to promoters.
🔹 Gabriel India reported a 16% year-on-year increase in revenue to ₹1,098.3 crore for the quarter, with net profit rising 7% to ₹62 crore.
🔹Torrent Pharma hit a record high, gaining nearly 4% after posting strong Q1 results.
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