The Indian stock market is set to consolidate amid muted global cues. Nifty futures closed 1.39% lower at 23,308, while India VIX surged 9%. Experts highlight key support and resistance levels, with options data indicating a broad trading range. Analysts recommend select stocks for short-term trading as volatility remains high ahead of crucial technical levels.
Tata Motors demerger, business split update: Shareholders to vote on May 6
Tata Motors will hold an equity shareholders meeting on May 6, 2025, to vote on restructuring its commercial and passenger vehicle businesses. The proposal includes