Indian markets showed strong momentum on Tuesday with Sensex climbing 819 points and Nifty gaining 218 points. Investors are closely monitoring 15 key stocks including Coal India, IRFC, Wipro and Persistent Systems following significant corporate announcements. Coal India's board approved divestment of up to 25 percent stake in South Eastern Coalfields through an offer for sale, alongside plans for a 10 percent fresh equity issuance via IPO. The company also greenlit divestment of up to 25 percent in Mahanadi Coalfields. Meanwhile, Wipro announced expansion of operations in South Korea with an enlarged Seoul office and new Innovation Lab launch, positioning the nation as a strategic growth market. Persistent Systems appointed Ruchi Kulhari as Executive Vice President for Enterprise Strategy and Execution to strengthen global operations and AI-led service delivery.
