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Spot gold was up 0.2% at $1,922.87 per ounce but was forecast to drop 0.8% on a weekly basis. Futures for U.S. gold increased 0.2% to $1,946.90.

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Brent crude prices had fallen 33 cents, or 0.4%, to $89.59 per barrel, while U.S. West Texas Intermediate crude (WTI) futures had fallen 33 cents, or 0.4%, to $86.54.

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Gupta brings over two decades of leadership and commercial experience from his previous roles at Procter & Gamble (P&G), including as the Managing Director of Australia and New Zealand

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The investment was made through a subscription in EESL's equity share capital on a rights basis, with no change in Exide Industries' shareholding percentage

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Early trading saw the U.S. dollar index, which compares the dollar to its main competitors, remain stable at 105.02, not far from the session's six-month high of 105.15.

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The IPO is set to open for subscription on September 8, with a price range of Rs 200 to Rs 211 per share.

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This is an average derived by dividing the total AUM of a category by the number of folios.

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FMCG and pharma sectors were the exceptions, displaying some weakness.

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The shares of HCL Tech have been rising steadily for the last eight sessions, rising 9.54% during that time.

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The company said that it plans to preferentially issue 57,42,296 equity shares to SBI Mutual Fund on a private placement basis for a total of Rs 4,099,999,344 (the "Issue") at a price of Rs 714 per equity share.

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