After climbing as much as 1% earlier in the day, spot gold increased by 0.3% to $2,322.46 per ounce, helped by a surprisingly weak U.S. consumer inflation report.
Markets continued to price in nearly two 25 basis point rate cuts this year despite the Fed's estimates.
At the MoU signing ceremony were Dr. Deepak Tripathi, Director (Technical), RITES, and Sh. C N Singh, DRM/Asansol.
The approval is for Esomeprazole Magnesium delayed-release capsules. Glenmark's product is a generic version of Haleon US Holdings LLC's Nexium.
As of Day 3's conclusion, NII made the most subscriptions at 110.53 times, followed by Retail investors at 54.85 times and QIB investors at 106.73 times.
The medication is ready to hit the US market and can find a place in the growing market now that it has received the ANDA approval.
This positive sentiment and strong buying activity from both FIIs and DIIs suggest a robust market outlook for the day ahead.
Here are some of the stocks that may see significant price movement today: L&T Finance, Nestle India, Torrent Pharma, etc.
U.S. West Texas Intermediate (WTI) crude futures dropped 16 cents, or 0.2%, to touch $78.34, while Brent crude futures lost 14 cents, or 0.17%, to $82.46 a barrel.

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