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Powell said central bank officials "are not confident" interest rates are high enough to tame inflation, and may not get much more help from improvements in the supply of goods, services and labor.

Following Powell comments, benchmark 10-year US Treasury yields rose from more than one-month lows, making non-yielding bullion less attractive for investors.

Like Tata Technologies, Tata Capital has drawn significant investor interest in the unlisted market since the introduction of the stock there about six months ago. The scrip trades in the range of ₹400 to ₹425.

The offer from the NARCL includes ₹590 crore for banks having a fund-based exposure and ₹50 crore for banks with non-fund-based exposure.

While the yellow metal may not be at top-of-the-table in terms of returns, its role in portfolio diversification remains critical, wealth advisors said. Gold is seen gaining in high single digits over the next few months.

In an email sent to Sebi and bourses on November 8 that has been reviewed by ET, four entities - MB Finmart, Puran Associates, VIC Enterprises and Milky Investment and Trading Co - that collectively hold 21.24% in Religare said Sal chairperson Rashmi Saluja sold a portion of her personal holdings in the firm soon after a meeting with a representative of the Burmans.

Retail investors - classified as individuals with less than shareholding worth ₹2 lakh in a company - made purchases worth ₹7,596 crore in July-September, according to Prime Database, amid the record-breaking run in the stock market

Funds will be allocated towards fuelling growth, expanding the network of buyers and suppliers and undertaking acquisitions, according to offer documents. Axis Capital, Goldman Sachs (India) Securities, Jefferies India, and JM Financial are the bankers for the IPO.

The company reported a net profit of ₹48 crore in the quarter ended September from a loss of ₹1,536 crore a year earlier after adjusting for the one-time refund of ₹64 crore to investors of the Indiareit PMS as per the Delhi High Court order.