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"The coming weeks would be important as the Chinese central bank is expected to throw some surprises, which should see some recovery in Gold amid broader risk-off sentiments. From the US the Federal Reserve’s annual Jackson Hole symposium returns as the key event this week as Chair Powell kicks off the event with an economic outlook speech on Friday."

Now, merchant bankers, debenture trustees, registrar to an issue, share transfer agent and a know your client registration agency will redress investor grievances within 21 days, according to a notification issued on Thursday.

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The regulator said principles of stewardship code would apply to members, nominated by the unitholders, on the board of directors of investment managers of REIT

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The latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce founder in India after Flipkart founders Sachin Bansal and Binny Bansal sold their stakes to Walmart.

According to the exchange filing, the company will launch seven such series with tenure of 24 months for Series I & II; 33 months for Series III & IV; 50 months for Series V & VI and 60 months for Series VI & VII.

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Gold has been losing its appeal as a safe haven on inflationary fears and continuance of a higher interest rate regime in the US for much longer than anticipated, commodity and currency expert Anuj Gutpa said. This is strengthening the dollar index while raising bond yields, he said, expecting gold and silver to trade sideways next week amid strong resistance at higher levels. Gupta is Head Commodity & Currency at HDFC Securities.

This surge in yields increases the opportunity cost associated with holding the non-yielding gold, leading to reduced investment activity. Notably, the steeper increase in the long-term rates of the yield curve compared to shorter-term rates primarily stems from a stronger economy rather than the anticipation of further rate hikes.

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The lender will be offering 9.1% interest rate on bonds with 24 months maturity while the rate will be higher at 9.7% for 60 months. The issue will open on August 24 and will remain open for subscription till September 6.

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3 top stock recommendations from Rajesh Palviya

Updated at : 2023-08-19 12:20:01

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Nifty is approaching its next critical support area of 19,200. If we look at the overall call put concentration so 19,200 is having now major put writing activity. So, if at all Nifty breaks below 19,200, then this fall may extend further and then possibly Nifty can slide towards 19,000 level also.

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