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The Pune-based company reported a revenue of ₹6,480.86 Crore for FY24, up from ₹5,632.54 Crore in the previous fiscal year.

Spot gold was unchanged at $2,448.38 per ounce, having reached its highest level since July 18 earlier in the day.

In the previous session, there was a roughly 4% increase in the most active contracts on both benchmarks.

Ceigall India's IPO, set with a price band of ₹380 to ₹401 per share, will open for subscription on August 1 and close on August 5.

The windfall tax on export of petrol, diesel and aviation turbine fuel has since been cut to zero.

The timing of the tax notice comes as a setback for Infosys and other major Indian IT firms

This optimism in the US markets also influenced the Indian markets, where the key benchmark Nifty 50 crossed the 25,000-point mark.

The Central Board of Indirect Taxes and Customs (CBIC) announced in a statement released late on Wednesday that the new rates would take effect on August 1.

An action-packed Wednesday began with the BOJ hiking Japan's interest rates to levels not seen in 15 years, prompting traders to reconsider popular carry trades

The Fed maintained its benchmark overnight interest rate in the 5.25%-5.50% range and indicated the possibility of easing monetary policy if inflation trends positively.