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The Sovereign Gold Bond Scheme 2023-24 - Series II which opened for subscription on Monday, September 11 will close on Friday, September 15.

Nifty closed at a record high of 20,063, while Sensex finished 245 points higher at 67,466.

"We had invested very heavily in expanding our retail network, our electrician network and as of today, we have almost three lakh registered electricians with us. We have more than one lakh retail counters. So, we have invested a bit heavily. Our advertising and sales promotion expenses are double of the industry expenses. Last year, we also acquired one FMEG company. So, there was some impact on our profitability."

This article examines why 4 stocks have experienced an RSI trending up, highlighting the importance of RSI in evaluating stock movements.

Gold slipped to a more than two-week low amidst an uptick in yields and as investors are also positioning for the US inflation data scheduled later on Wednesday, which could offer insights on whether the Fed Reserve will further hike interest rates this year, Navneet Damani, Senior Vice-President of commodity research at Motilal Oswal Financial Services, said.

The Nifty Auto index closed 0.46 per cent down at 15995.95.

Mutual funds bought 61 lakh shares of Adani Power in August, compared to 17 lakh shares in July. In value terms, they bought shares worth Rs 194 crore, brokerage ICICI Securities said in its report. Quant Mutual Fund bought 14 lakh shares of Adani Enterprises for Rs 344 crore last month

“I believe the game is just starting. In consumer companies, once you cross Rs 100-crore profit mark, in the next three-four-five years, typically you end up moving to Rs 500 crore and that is the pattern in all consumer companies. That is what I expect in RedTape also but we will hold the stock till the time there is execution. If there is no execution, we at Stallion have better choices and will move out.”