The Indian benchmark indices opened lower on Tuesday amid weak Asian cues, as selling was seen in the IT, auto, financial services and pharma sectors in the early trade.

At around 9.28 am, Sensex was trading 747.69 points or 0.91 per cent down at 81,428.76 while the Nifty declined 204.10 point or 0.82 per cent at 24,797.05.

Nifty Bank was down 366.95 points or 0.66 per cent at 55,205.05 The Nifty Midcap 100 index was trading at 57,062.60 after dropping 4.65 points or 0.01 per cent. Nifty Smallcap 100 index was at 17,744.40 after climbing 36.60 points or 0.21 per cent.

According to analysts, technically, the Nifty appears to have regained its momentum, decisively breaking out from its consolidation zone of 24,500-25,000.

Israel has rejected a new proposal aimed at halting its offensive in Gaza and securing the release of 10 more hostages, Israel's state-owned Kan TV reported on Monday.

A senior Israeli official from the country's negotiation team told Kan TV that US mediators presented the proposal overnight. It included the release of five living hostages and five deceased, the flow of humanitarian aid into Gaza, a 70-day ceasefire, and negotiations toward a permanent ceasefire, according to the official.

The official said Israel rejected the deal, describing it as a "surrender to Hamas."

Israel has insisted on the so-called Witkoff framework, a deal proposal presented by Israeli Prime Minister Benjamin Netanyahu in early March, which calls for the release of additional Israeli hostages in return for a 50-day truce, and a promise to engage in talks on a longer truce. It doesn't mention a withdrawal of Israeli forces or the release of Palestinian prisoners, two of Hamas's key demands.

Two teenagers have been charged over a brawl that forced a Melbourne shopping centre into lockdown on Sunday afternoon.

Emergency services rushed to the Northland shopping centre, 10 km northeast of central Melbourne, shortly after 2:30 pm on Sunday following reports of a fight between around 10 people, some of whom were armed with machetes, that triggered a lockdown.

Two people were arrested at the scene by police and a 20-year-old male was taken to hospital with serious injuries.

Police in the state of Victoria said on Monday that the people who were arrested, two males aged 15 and 16, have been charged with affray, intentionally causing injury, possessing a controlled weapon and using a controlled weapon.

Fintech company Infibeam Avenues on Monday reported 15 per cent sequential decline in profit from operations in the January-March period (Q4) to Rs 54 crore, from Rs 64 crore in the December quarter (Q3).

The company said in a stock exchange filing that its income from operations stood at Rs 1,160 crore in the March quarter of FY25, which is 8.4 per cent higher than the December quarter's income from operations of Rs 1,070 crore.

The company's profit from operations grew 17 per cent (year-on-year) in the March quarter. The company had a profit of Rs 46 crore in the March quarter of FY24.

The company's expenses increased by 8.88 per cent on a quarterly basis to Rs 1,103 crore in the January-March period, from Rs 1,013 crore in the October-December period.

Desh Bhagat University, a NAAC A+ accredited multidisciplinary institution, successfully conducted its Spot Admission Drive – “Carvaan 2025” at Hotel Maharaja Regency, Aarti Chowk, Ferozepur Road, Ludhiana.The event witnessed an overwhelming response from students and parents. Dr. Harsh Sadawarti, Vice Chancellor of Desh Bhagat University, along with the counselling and Admissions Team, personally interacted with attendees, motivated aspiring students, and addressed their career-related queries. A special highlight of the event was the felicitation ceremony, where Principals and Teachers from various reputed institutions were honoured for their remarkable contribution to education. Dr. Sadawarti remarked, “Teachers and Principals are the true nation builders.

In a major citizen centric initiative, the Punjab Government led by the Chief Minister Bhagwant Singh Mann has introduced the country’s first Easy Registration system which was dedicated to the people by the Chief Minister and National Convener of AAP Arvind Kejriwal.

“This is a revolutionary step as people will not have to run from office to office, won’t have to deal with agents or middlemen as everything from start to finish will be available on the phone and will be fast, clear and transparent”, said Bhagwant Singh Mann and Arvind Kejriwal.

Interacting with the media persons after launching the project, the Chief Minister and National AAP Convener said that Citizens can now register at any Sub Registrar Office in the district, not just where the property is located. They said that combined with Seva Sahayak doorstep services via helpline 1076, this improves access for rural households, senior citizens, busy working professionals and those with limited mobility. Bhagwant Singh Mann and Arvind Kejriwal said that the system provides real-time WhatsApp notifications at every step of document from submission, approval, payment and appointment ensuring citizens always know their status.

The Indian stock market closed in the green on Monday as buying was seen across the sectors, especially in the auto and IT verticals. Benchmark indices commenced the week on a buoyant note, extending their upward trajectory for the second consecutive session.

At the end of trading, the Sensex was up 455.37 points or 0.56 per cent at 82,176.45 and the Nifty was up 148 points or 0.60 per cent at 25,001.15.

The rise was led by auto and IT stocks. Both Nifty Auto and Nifty IT index closed with a gain of one per cent each. Apart from this, buying was seen in metal, realty, media, energy, commodity and PSE indices.

Along with largecap, buying was also seen in midcap and smallcap. The Nifty Midcap 100 index was up 379.50 points, or 0.67 per cent, at 57,067.25, and the Nifty Smallcap 100 index was up 64.45 points, or 0.37 per cent, at 17,707.80.

Four persons were killed and one other injured in a collision between a car and a truck in Andhra Pradesh’s East Godavari district on Monday, police said.

The accident occurred near Rajamahendravaram Gammon Bridge when a car heading towards Visakhapatnam collided head-on with the truck coming from the opposite direction.

Of the five people travelling in the car, three of them died on the spot while two were injured. One of the injured succumbed while undergoing treatment at a hospital in Rajamahendravaram.

The condition of the injured is stated to be critical.

The car was crushed under the impact of the collision. Police had a tough time pulling out the bodies from the wreckage.

The Election Commission of India (ECI) on Monday announced biennial elections to eight Rajya Sabha seats from the states of Tamil Nadu and Assam will be held on June 19 and the results will be declared the same day.

The biennial elections are being held as the terms of eight members of the Council of States (Rajya Sabha), representing the two states, are set to expire between June and July, the Election Commission said in a statement.

From Assam, two seats will fall vacant with the retirement of Mission Ranjan Das and Birendra Prasad Baishya, both of whom will demit office on June 14.

In Tamil Nadu, six Rajya Sabha members are due to retire on July 24. They are Anbumani Ramadoss, M. Shanmugam, N. Chandrasegharan, M. Mohamed Abdulla, P. Wilson, and Vaiko.

With the national capital breaching the 100-mark of Covid infections, Delhi Chief Minister Rekha Gupta on Monday assured people that the government is closely monitoring the cases.

Asking people not to panic, she stated that guidelines have been issued to all hospitals.

"Guidelines have been issued to all hospitals, and the government is closely monitoring the situation," Gupta told reporters here.

She added that the state hospitals are equipped with all the facilities to tackle the cases.

According to data from the Ministry of Health and Family Welfare, Delhi has 104 cases.

"We have analysed the scenario and there is no panic situation," said CM Gupta.

Last week, the Delhi government issued an advisory on the Covid-19 disease, asking hospitals in the national capital to ensure the availability of beds, oxygen, medicines, and vaccines.