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Sovereign gold bonds have an eight-year lock-in period, but they can be partially or completely sold off through stock exchanges should the investor want to redeem them prematurely. After the first five years, bondholders also have the option to give the bonds back to the Reserve Bank of India on semi-annual interest payment dates.

ET Markets has identified nine stocks that not only delivered consistent performance but have also gained anywhere between 10-70% in just the past five trading sessions. (Data Source: ACE Equity)

IT firms ITC, TCS, Wipro, Asian Paints and HCL Tech were top performers rising 1-2% but Tata Steel, Maruti, Bajaj Finserv, Tech Mahindra, UltraTech Cement, and Tata Motors closed lower.

​Mutual funds made most of the market correction by deploying cash last month. They bought equities worth over Rs 20,000 crore.

The clarification covers matters including lending, CLR, investments, loan against shares, and some regulatory requirements. RBI permit investments, including subsidiaries and associates of HDFC Bank to continue as investments of HDFC Bank. The regulator has allowed the bank to increase shareholding in HDFC Life and HDFC ERGO General Insurance over 50%.

The Nifty Auto index closed 1.03 per cent down at 12898.75.

The company said that its revenue was impacted during the quarter due to cost increase on account of certain cost provisions made. These provisions have impacted the percentage-of-completion and led to a revenue reversal in ongoing EPC projects.

Bitcoin and Ethereum both suffered losses, with Bitcoin dropping 3.35% to $28,026 and Ethereum falling below the $1,950 level. Other major cryptocurrencies also traded lower, with Dogecoin declining by over 8%. The global cryptocurrency market cap decreased by 2.49% in the last 24 hours, with the market cap of Bitcoin standing at around $542 billion

Relaxo Footwears, incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 20536.40 Crore) operating in Leather sector.

"Gold price traded modestly down with spot gold at Comex was trading lower by 0.06% at $2,003.0 per ounce in the morning trade. Upside was capped by hawkish commentary from Federal Reserve officials while weaker US macro data protected the downside in yellow metals. Data showed the labour market is starting to soften," Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities said.