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Spot gold was up 0.1% at $2,428.14 an ounce. On Monday, gold reached a record high of $2,449.89. At $2,431.80, gold futures dropped 0.3%.

The decision follows finalization of plans to raise $450 million via dollar bond issuance.

Focus shifts to a number of Fed speakers for hints on the U.S. rate outlook and when an easing cycle could start

The 30-share BSE Sensex closed at 73,959.63, up 42.60 points, or 0.06%. The NSE Nifty 50 increased to 22,481.90, gaining 15.80 points, or 0.07%.

In the previous trading session, Indian benchmark indices Nifty 50 and Sensex closed in the green, with Nifty 50 at 22,502.00 and Sensex at 74,005.94.

Indian markets enter a truncated week, after a week of smart gains across most sectors

Motilal Oswal Multi Cap Fund NFO is an opportunity to invest in a rule-based mix of large caps, mid-caps, and small caps

FPIs were net sellers of $1,336 Million in equities in the week to May 17, 2024; although markets rallied

Oil & gas and autos were the stars of the week, even as banks mirrored the Nifty and Sensex gains

CME Fedwatch did not change much this week, despite lower than expected US consumer inflation