According to Uchida, the recent currency strengthening will have an impact on the BOJ's policy decisions.
Brent crude futures slid 21 cents, or 0.27%, to $76.27 per barrel. US West Texas Intermediate crude fell 25 cents, or 0.34%, to $72.95 a barrel.
Lupin Limited reports a 77% increase in Q1 net profit to ₹801.3 crores, with total sales up 16.3%.
159 Companies to Announce Q1 Results Today
On August 6, foreign institutional investors (FIIs) continued their selling spree, offloading equities worth ₹3,531 crore.
New positions in F&O contracts for these stocks are not permitted while they are in the ban period.
Gland Pharma reports a 26% decline in Q1 net profit to ₹143.8 crore.
Spot gold was down 0.2% to $2,385.23 per ounce. United States gold futures lost 0.3% to $2,425.50.
Tata Power reports a 4% YoY increase in Q1 net profit to ₹1,189 crore, driven by strong operational performance.
Fusion Finance shares drop 20% after reporting a Q1 net loss of ₹35.62 crore and a rise in NPAs to 5.46%.
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