The Indian rupee slipped on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the decline.

Copper prices rose amid optimism over potential US-China trade talks, with both sides signaling openness to negotiations. Falling inventories in Shanghai and LME further supported bullish sentiment in global and Indian copper markets.

IHCL is experiencing robust growth, driven by India s strong GDP and a rising affluent population seeking premium experiences. Demand is expected to outpace supply in the hospitality sector for the next few years. With a debt-free status and substantial cash reserves, IHCL is poised for expansion, exploring new brands in wellness and all-inclusive travel packages.

A wave of dollar selling in Asia is an ominous sign for the greenback as the world s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in U.S. assets.

UBS forecasts an 8% Nifty 50 upside over the next year, driven by a Rs 7 trillion consumption stimulus, lower oil prices, resilient rural demand, and attractive valuations. The brokerage favours financials, autos, real estate, and consumption sectors, while remaining cautious on IT, industrials, and pharma due to global uncertainties.

Warren Buffett, at his 60th and final Berkshire Hathaway AGM, confirmed Greg Abel will take over as CEO by year-end. Buffett shared insights on trade, investing, U.S. fiscal policy, and emphasized caution, opportunity, and global prosperity in a wide-ranging discussion.

In CY25, the Sensex is up 3.4%, while the BSE Financial Services index has gained 6.75%. Nine financial stocks surged 30–60%, with JSW Holdings leading.

Ather Energy shares made a muted debut on the Indian exchanges on Tuesday. Ather Energy launched its maiden public offer on April 28 and April 30 to raise Rs 2,981 crore. The Tiger Global backed electric scooter maker raised Rs 1,340 crore from anchor investors on April 26 before the IPO opened.

Wall Street s main indexes opened lower on Tuesday, after U.S. President Donald Trump s latest plans for pharma tariffs further dampened investor sentiment amid subdued corporate earnings.