Mumbai, Feb 25: The Indian stock market on Tuesday ended the intra-day’s trading session on a flat note, as investors remained cautious amid the mixed market sentiment.

The Sensex gained 147.71 points, or 0.20 per cent, to close at 74,602.12. During the intra-day, the index moved between 74,785.08 and 74,400.37.

Meanwhile, the Nifty closed marginally lower by slipping 5.80 points, or 0.03 per cent, to settle at 22,547.55. The index touched a high of 22,625.30 and a low of 22,516.45 during the session.

The market saw a mixed trend among stocks. Out of the 50 Nifty stocks, 31 ended lower.

Rupak De from LKP Securities said the index remained mostly muted, except for a small correction towards the close, adding that sentiment continues to favour the bears.

A rise towards resistance is likely to attract selling pressure, he added.

Hindalco, Dr Reddy’s Labs, Trent, Hero MotoCorp, and Sun Pharma were among the top losers, with losses of up to 3.10 per cent.

On the other hand, Bharti Airtel, Mahindra & Mahindra, Bajaj Finance, Nestle India, and Titan saw gains of up to 2.32 per cent.

The broader market indices also saw some pressure. The Nifty Midcap100 index declined by 0.62 per cent, while the Nifty Smallcap100 index slipped by 0.44 per cent.

Among sectoral indices, the market remained divided. Sectors like Nifty Auto, FMCG, Select Financial Services, Media, and Consumer Durables ended with gains of up to 0.84 per cent.

However, other sectors saw declines — reflecting the cautious sentiment in the market.

“Technically, on the daily chart, Nifty has formed an inverted hammer candlestick pattern, indicating buying interest around 23,500 levels,” said Hrishikesh Yedve from Asit C. Mehta Investment Limited.

He added that as long as the index respects 23,500 levels, a pullback rally towards 22,700-22,800 could be possible. On the higher side, 22,700-22,800 will serve as a solid resistance zone.

Sustenance below 22,500 levels could trigger fresh selling pressure. Traders should monitor these levels for potential trading opportunities.

The volatility index, India VIX, cooled off by 5.03 per cent to 13.72 which indicates a decline in market volatility.

The domestic benchmark indices will remain closed on Wednesday (February 26) due to the Maha Shivaratri holiday.

The Indian rupee weakened by 50 paise on Tuesday, closing at 87.20 per dollar, compared to 86.70 in the previous session.

New Delhi, Feb 25: The UK-India Business Council on Tuesday welcomed the restart of the Free Trade Agreement (FTA) negotiations during UK Business and Trade Secretary Jonathan Reynolds’ visit to India, which includes two days of meetings with Commerce and Industry Minister Piyush Goyal and his team.

India and the UK resumed the negotiations on Monday.

This is an important and positive development. It is worth noting that UK-India bilateral trade and investment are already growing. The total trade in goods and services grew by 10 per cent to reach 42 billion pounds in the four quarters to the end of Q2-2024. This level of trade has almost doubled from before the pandemic in 2019, when the UK-India trade was 24.1 billion pounds, according to a UK-India Business Council (UKIBC) statement.

The UK and India have concluded 13 rounds of the bilateral FTA negotiation, with the 14th round being paused due to the UK’s general elections in May 2024. Substantial progress has been made since negotiations were first launched in 2022. The UK and India are focused on substantially deepening bilateral trade and the investment tide, with clear political will to close a mutually beneficial win-win deal, the statement said.

UKIBC applauded the continued commitment visible from both sides reaffirming at the highest levels the priority status being accorded to this partnership.

Richard Heald, Chair, the UK-India Business Council, said, “The visit of Secretary of State Jonathan Reynolds reaffirms the UK government’s commitment to step up to a more ambitious and future-focused trade and investment relationship with India.”

He said that starting with last year’s announcement of the Technology Security Initiative between India and the UK, the partnership has developed further with a renewed focus on cooperation, collaboration and integration across AI, security, climate change, development, as well as research and innovation.

Heald said the success of the FTA will support further economic growth for the world’s 5th and 6th largest economies and it will catalyse collaboration in other areas, too.

“Importantly, it will underscore the fact that the UK and India are strategic partners. This is truly an exciting chapter of the UK-India partnership. As India charges ahead towards Viksit Bharat@2047, UKIBC and more broadly, British businesses recognise that a successful FTA is a critical milestone in a long-term journey and are keen to support India’s ambitions,” he added.

BYD has refreshed the Atto 3, bringing design updates to its popular electric SUV. Set for an official debut soon, newly surfaced images suggest a revised look inspired by the brand’s latest EV lineup. In China, where it is sold as the Yuan Plus, the updated model now takes styling cues from the Atto 2, also known as the Yuan Up. The facelift aims to enhance its appeal with a more contemporary design while maintaining its position in the growing electric SUV segment.

The updated BYD Atto 3 receives a series of design refinements, enhancing its overall appeal. The front end now sports a revised bumper with a larger air intake, giving the SUV a more aggressive stance. While the headlamps retain their original shape, the chrome strip running between them continues to add a sleek touch. At the rear, a redesigned roof spoiler and a striking full-width LED light bar with a wave-like pattern enhance its modern look. The side profile remains largely familiar, but new alloy wheel designs bring a refreshed aesthetic.

The facelifted BYD Atto 3 is set to receive an upgrade in its driver assistance technology with the inclusion of BYD’s “God’s Eye C” (DiSus 100) system. This advanced setup enhances safety and convenience by integrating a three-camera module along with four surround-view cameras, improving its ADAS features.

While official details about the interior remain undisclosed, the electric SUV is expected to retain its existing powertrain. In India, the Atto 3 continues to be offered with two battery pack options—a 49.92 kWh unit with a range of 468 km and a larger 60.5 kWh battery capable of delivering 521 km per charge (ARAI certified). Available in Dynamic, Premium, and Superior variants, the SUV is powered by a front-mounted electric motor producing 201 bhp and 310 Nm of torque.

BYD has not yet announced an official launch date for the facelifted Atto 3. However, the updated model is expected to make its way to India after its global unveiling. In the Indian market, the current Atto 3 is priced between Rs 24.99 lakh for the entry-level variant and ₹33.99 lakh for the top-spec version (ex-showroom). With the facelift, BYD aims to enhance the SUV’s appeal while retaining its position in the premium electric vehicle segment.