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After consolidating for nearly two months in a narrow range, the index was able to break the shackles and move above the 16,000 mark earlier this month. However, these gains haven’t brought joy to all market participants, as the broader market lagged with Nifty Smallcap 100 and Nifty Midcap 100 indices slipping close to 2 per cent and 5 per cent, respectively.

At this stage, “10% should be put into physical gold,” said Mobius, who set up Mobius Capital Partners after more than three decades at Franklin Templeton Investments. “Currency devaluation globally is going to be quite significant next year given the incredible amount of money supply that has been printed.”

The stock quoted a 52-week high price of Rs 594.85 and a 52-week low of Rs 364.3.

Only a close above Rs 47,750 would bring fresh buying interest in gold futures.

Maruti Suzuki had increased prices in April and January. On April 16, it announced a 1.6% weighted average increase in ex-showroom prices (Delhi) across models. On January 18, the automaker had hiked prices of some models by up to Rs 34,000.

A total of 13,370 shares changed hands on the counter till 12:36PM (IST)

In April, the private sector lender had said that its board had approved capital raise proposal up to Rs 35,000 crore by issuing various debt instruments in Indian or foreign currency in domestic/overseas markets in one or more tranches.

Goldman Sachs believes Zomato can achieve profitability at an operating level by 2023-24 driven by larger scale, higher take rates and improving rider efficiency.

Global brokerage Nomura is bullish on Sona BLW Precision Forgings, also known as Sona Comstar. The scrip is trading about 75 per cent higher than its issue price of Rs 291.

Clean Science is a speciality chemical maker which uses novel methods of producing its products.