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Spot gold was up 0.1% at $2,347.98 per ounce. The price of gold has increased by 2% this week. Gold futures increased by 0.6% to $2,354.10.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a robust growth of 28%, reaching ₹195 Crore compared to ₹152 Crore in Q4 of FY23.
U.S. West Texas Intermediate crude increased 41 cents, or 0.5%, to $79.64, while Brent futures increased 37 cents, or 0.4%, to $84.24 a barrel.
In the upcoming days, an official announcement is anticipated. Tata Motors is being advised by Bank of America.
The dollar was trading at 155.39 yen against the Japanese yen, down from highs of 155.95 reached during the previous session.
The number of non-management positions, which include craftsmen, clerks, and supervisors, decreased by 25% while executive and managerial jobs decreased by 6%.
Vodafone Idea seeks nod to increase authorized share capital to ₹1 lakh Crore from ₹75,000 Crore following a recent ₹18,000 Crore follow-on offering (FPO).
The low-cost carrier's management has also given the striking employees the assurance that it will investigate the concerns brought up by the union.
Bharti Enterprises' shareholding in ICICI Lombard decreases from 2.43% to 1.63% following the stake sale.

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