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Cognizant Technology said on Tuesday its board has approved a $2 billion increase to the IT consulting company s current share repurchase plan, as it sharpens focus on bolstering shareholder returns.

State-owned IREDA on Tuesday said it has raised Rs 910 crore through issuance of bonds. The funds raised will enhance IREDA s Tier-II capital, increasing its net worth and capital-to-risk-weighted assets ratio (CRAR), IREDA said in a statement.

States increased borrowings in March as lower SDL yields made fundraising cheaper, aided by the absence of G-Sec auctions. Experts cite RBI liquidity infusion and anticipated rate cuts as key drivers. SDL yields declined, attracting institutional investors ahead of the April monetary policy.

Life insurance stocks gained 7-12% since March 13, driven by market optimism and APE growth. HDFC Life is favored for its diversified portfolio and limited ULIP exposure. The sector faces competition amid 100% FDI plans, potentially impacting margins and premium growth.

Indian markets ended flat with a positive bias for the seventh straight session. The Sensex closed above 78,000, while Nifty50 edged up 10 points to 23,668. IT stocks gained, while metals, utilities, energy, and realty saw selling pressure.

Va Tech Wabag shares, down 23% from their 52-week high, remain a strong long-term bet. Analysts highlight technical support at Rs 1,375 and fundamental triggers like a $100 million municipal partnership. Yes Securities maintains a ‘Buy’ with a Rs 1,750 target, citing revenue growth, improving margins, and strong order inflows.

Wall Street s main indexes edged up on Tuesday as investors assessed implications of impending reciprocal tariffs on the heels of US President Donald Trump s subtle indication of potential leniency in his trade policy approach.

The Nifty Realty index closed 1.46 per cent down at 863.2.

JSW Steel on Tuesday said it will sell over 22 crore shares in its subsidiary Piombino Steel Limited (PSL) under the proposed buy-back offer for Rs 1,676.45 crore. It holds 508 crore equity shares in PSL, constituting 83.28 per cent of the total equity shareholding of PSL, JSW Steel said.