Stock Market Crash Today: Indian equity markets experienced a sharp decline on Tuesday, with the Sensex and Nifty50 falling significantly due to global concerns triggered by Moody s US credit rating downgrade. FIIs turning net sellers and profit booking after a recent rally further contributed to the downturn. Selling pressure in heavyweight stocks, including HDFC Bank and Reliance Industries, also weighed on the indices.

Rajesh Palviya of Axis Securities suggests Nifty may consolidate between 24,800 and 25,000. Bank Nifty might range from 54,900 to 55,500. Chennai Petro and Coal India look promising. Metal stocks like Tata Steel and Hindalco are in an uptrend. Profit booking is advised for short-term defence stock investors.

An IIT-trained "ethical hacker" and three others were arrested for running a cross-border cyber scam that defrauded investors via fake stock advisory groups. Operating under a Cambodia-based syndicate, the gang used AI tools, shell firms, and cryptocurrency to launder funds. A Delhi man’s Rs 22 lakh loss led to their arrest in raids across four Indian cities.

Sri Lotus Developers, backed by Shah Rukh Khan’s family trust and celebrities, received Sebi approval for a ₹792 crore IPO focused on Mumbai luxury real estate. The issue is entirely fresh, funding ongoing premium housing projects and corporate needs.

Aluminium prices declined as US tariffs and higher Chinese output pressured global supply-demand dynamics. Domestic futures slipped, while technical resistance capped recent recovery momentum near ₹245 levels.

From inflation and credit stress to geopolitical instability and trade policy fallout, there are rising concerns that investor complacency could prove costly.

The Indian rupee weakened on Tuesday as dollar bids from foreign banks, likely on behalf of custodial clients, and a softer Chinese yuan outweighed positive cues from broad weakness in the greenback.

Markets fell over 1% amid global weakness and profit booking. SRM, Pfizer, and Zydus gained on earnings; Protean and Eternal declined on project loss and foreign ownership concerns, respectively.

Staffing and workforce solutions provider Quess Corp has reported growth in adjusted PAT post demerger to Rs 63 crore in the January-March quarter. The Bengaluru-headquartered firm in March this year received NCLT approval for the demerger of its diversified businesses into three different entities.

Chirag Muni explains how the Information Ratio helps investors assess the efficiency of active fund managers by comparing excess returns against benchmarks, adjusted for risk—especially relevant in today’s passive investing trend. It reveals consistency and quality of outperformance.