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The rupee weakened to its lifetime intraday low on Thursday to 85.932 per dollar before closing at 85.848/$1, little changed from the previous day.

Indian frontline indices ended Wednesday with minor losses, as banks, auto, and FMCG stocks dragged markets down, despite IT and energy stocks offering support. Nifty found support at 23,500, signaling potential upward momentum.

The stock traded at a P/E multiple of 10.70, while the price-to-book value ratio stood at 1.26.

​The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different and hence from that perspective this will be a good time to build portfolios in the largecap and small and microcap segment.

Axis Securities, a domestic brokerage firm, is optimistic about several small and midcap stocks, forecasting potential rallies of up to 41%.

On the technical charts, the RSI of the stock stood at 46.32.

A total of 5,062 shares changed hands on the counter till 02:09PM (IST).

Interest in gold is expected to rise in January due to uncertainty in bond markets, despite technical signals posing short-term challenges. In December, gold prices dropped 1% but remained up 26% for the year, fueled by strong US dollar performance and increased inflation expectations.

​So, the expectation would be that with the revised numbers put out, let us say, in February, we do not see any scope for material upward revision over there and going forward as well next year, we do not see significant changes, like we do not see at least a double-digit growth in these segments, so it will be single digits.