Asian equities saw modest gains amid US tariff uncertainty and anticipated OPEC+ crude supply increases. Investors are cautiously awaiting a US Senate vote on President Trump's economic bill and upcoming labor market data. Oil prices declined, while gold prices rose as investors sought safe-haven assets amidst economic concerns and geopolitical factors.

The Indian IPO market is set for a busy week, with ten companies launching their initial public offerings between June 30 and July 4. This includes mainboard IPOs from Crizac Limited, aiming to raise ₹860 crore, and Travel Food Services, targeting ₹2,000 crore.

Gold price prediction today: Gold prices are anticipated to exhibit a slightly bearish trend due to easing geopolitical tensions and positive trade deal discussions ahead of the US tariff deadline. Despite support from ETF inflows and a weaker dollar, focus shifts to trade negotiations and corporate earnings.

Prime Minister Modi's upcoming visit to Namibia on July 9 aims to strengthen strategic ties, focusing on diamonds, critical minerals, and uranium. Namibia's rich marine diamond reserves could see more direct trade with India, where several processing companies already operate.

Stock market recommendations: Mirae Asset Sharekhan suggests Tech Mahindra and Trent as top stock picks. Tech Mahindra, currently between Rs 1,680 and Rs 1,690, is expected to rise to Rs 1,760, while Trent, in the range of Rs 6,190 to Rs 6,210, anticipates reaching Rs 6,870.

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 was above 25,500, BSE Sensex was marginally up.

Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders by Rs 58.50, offering relief to commercial users. The revised retail sale price in Delhi is now Rs 1,665 per cylinder. However, there has been no change in the prices of 14.2 kg domestic LPG cylinders.

Prime Minister Narendra Modi celebrates ten years of Digital India. The initiative has transformed India into a global digital leader. Internet connectivity has significantly increased. Optical fiber now connects remote villages. Digital platforms like UPI and DBT have become global models. The digital economy is contributing significantly to India's GDP. India is now a top startup ecosystem.