News Overview

Spot gold was down 0.2% at $2,502.78 per ounce, while US gold futures rose 0.2% to $2,541.80.

Traders have fully priced in a 25-basis-point rate decrease in September, with a 24.5% likelihood of a 50-bp shift.

Brent crude futures fell 13 cents, or 0.2%, to $79.55 a barrel. U.S. West Texas Intermediate crude futures fell 13 cents, or 0.2%, to $76.52 per barrel.

FPIs net sold $926 Million in the week to August 16th, marking the third consecutive week of FPI selling

The truncated week saw a positive close; despite FPIs being firmly on the selling side in equities

Eaglebay Investment, owned by Warburg Pincus, and PG Esmeralda Pte, part of Partners Group, are involved in the OFS.

The IPO will be exclusively a fresh issuance of equity shares valued at ₹1,590 Crore, with no offer-for-sale component.

Bali will join Yes Bank on August 26 and report to executive director Rajan Pental, according to a report by ET.

Tata Steel reported in an exchange statement on July 31 that it will owe Odisha Rs 17,300 crore in mineral tax as a result of the Supreme Court's verdict.

Market breadth was positive, with 2,143 shares advancing, 1,195 shares declining, and 94 shares remaining unchanged.