The Nifty IT index closed 0.06 per cent up at 30036.1.

"Spot gold prices for 24-carat gold in Delhi fell by Rs 435 per 10-gram following risk-averse sentiment and the Exchange Traded Funds (ETF) cut holding in gold," said Dilip Parmar, Research Analyst at HDFC Securities.

“Now a product on an EV platform is available at below Rs 10 lakh ticket size. That definitely is very strong in terms of a response from the consumers. But more importantly, this is coming on a platform or from Tata Motors, a brand which is already successful on the Indian markets and so people will definitely accept this.”

The funds raised through the issue will be used for repayment or pre-payment of a portion of certain outstanding borrowings availed by the company and its subsidiaries and for general corporate purposes, subject to receipt of consent from our lenders, it stated.

‘We have a lot to do in getting our water management right as that will boost agriculture and animal husbandry. A lot of work needs to be done in the infrastructure sector, too. With respect to the infrastructure, particularly roads and railways, the government is doing the needful. For the rest, the private sector is working hard”

The yuan has exceeded expectations it might fall to 7 to the dollar after the Federal Reserve started aggressive rate hikes to cool inflation that is at a four-decade high. The Fed has raised rates five times this year and says more increases are likely.

ETMarkets found 25 companies in the BSE 500 list whose annual profit numbers are decreasing over the last two financial years. We further drill our research for the price performance and we come across seven stocks that have already fallen over 20 per cent in FY23 so far.

The Nifty Realty index closed 0.67 per cent down at 414.25.