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"We continue to see a pretty significant decline in long exposure in gold and a significant increase in short exposure. Speculative investors are getting out of gold and interest rate expectations are a big factor here," said Bart Melek, head of commodity strategies at TD Securities.

The 52-week high is a crucial technical indicator for assessing the present value of a stock and predicting potential shifts in its price

Revenue from operations rose by a marginal 2% to Rs 10,655 crore in the first quarter, compared with Rs 10,410 crore in the same quarter of last year. The total gross debt (excluding lease liabilities and including interest accrued but not due) stood at Rs 2.11 lakh crore at the end of June quarter

In the BSE Universe, an impressive count of around 18 stocks have achieved multibagger status over the past three years, spanning from one Independence Day to the next

On a sequential basis, profit after tax rose 6% from Rs 26 crore clocked in the preceding March quarter. Revenue from operations increased 60% quarter-on-quarter.

Investors await quarterly reports from US retail giants and economic data later in the week to gauge the strength of consumer spending

Brookfield India REIT has achieved gross leasing of 2.98 lakh sq ft during the quarter including 63,000 sf of new leasing and 2.35 sq ft of renewals. The REIT witnessed average escalation of 9.1% on 1.7 million sq ft leased area.

As the RSI on the daily chart demonstrated a bearish crossover, with its value dropping below 50, it could be signs of a weakening trend

Among the top additions for mutual funds in the small cap space were Eric Lifesciences, PVR Inox, CreditAccess Grameen, Amara Raja Batteries and Aegis Logistics

The Indian rupee opened on Monday below the 83-mark against the US dollar, the lowest for the currency since October 2022 when it dipped to a historical low of 83.26. The depreciation can be attributed to a positive dollar and a weak tone in domestic markets. India has transformed from a food-deficit country importing grains to becoming an influential player in the global financial landscape, with the rupee becoming one of the top 15 most-traded currencies globally.