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After increasing 2.2% the previous week, spot gold was down 0.2% at $1,975.80 per ounce. The price of US gold futures fell 0.3% to $1,978.50.

For aluminium, weak demand globally and fall in key RM costs have kept prices range-bound.

Gandhar Oil Refinery India, manufacturers of Divyol brand of lubricant oils, is launching its IPO this week. In conversation with Sheetal Agarwal of IIFL, management talks about the company’s key strengths, strategies and outlook.

As reported by Anarock, industry sales were also up 36% YoY/ 4% QoQ while launches were up 24% YoY

The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not pass judgment on the validity of transactions or agreements between the banks and their customers.

The week saw $44 million raised by start-ups across 10 deals, led by Slice, CoverSelf, Inito, Bakingo, General Autonomy.

The inspection took place from November 13 to 17 and ended with zero observations.

F&O contracts enter a ban when open interest (OI) crosses 95% of market-wide positions limits (MWPL)

With the industry set to add ~40% incremental bed capacities over the next 4yr period, analysts of IIFL Capital Services believe volume growth will start improving even for the larger hospital players from H2FY25.

The coupon rate comprises a 5% cash coupon and an annual redemption premium of 8.275%.