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"Gold inched lower, as safe-haven demand from latest geopolitical concerns faded, while hopes that the US Federal Reserve would be less aggressive on rate hikes over coming months underpinned the market," said Navneet Damani, Senior VP - Commodity Research at Motilal Oswal Financial Services.

The Nifty Pharma index closed 0.39 per cent down at 12948.25.

While negating its higher high formation of the last four sessions, headline equity index Nifty formed a small negative candle on the daily time frame with a long upper shadow today on the weekly expiry day. “Now, it has to hold above 18,282 zones, for an up move towards 18,500 then 18,600 zones whereas supports are placed at 18,282 and 18,188 zones,” said Chandan Taparia of Motilal Oswal.

SBI has been authorised to issue and encash electoral bonds through 29 authorised branches. The authorised SBI branches include those in Lucknow, Shimla, Dehradun, Kolkata, Guwahati, Chennai, Patna, New Delhi, Chandigarh, Srinagar, Gandhinagar, Bhopal, Raipur, and Mumbai.

Tencent said domestic video games in particular saw a 7 percent decrease in the three months ending September 30, "as transitional industry challenges resulted in lower paying user counts".

The dollar index inched higher to 106.34, while the offshore yuan headed for the third day of losses. Stronger-than-expected U.S. retail sales data on Wednesday supported demand for the dollar.

​​The bank has received an intimation from the RBI on November 16, 2022, that it has granted approval to DSP Investment Managers Private Ltd (DSPIM) to acquire up to 9.99 per cent of the paid-up equity capital of the bank through the schemes of DSP Mutual Fund (DSPMF), Equitas SFB said in a regulatory filing on Thursday.

“Banking is looking good, high-end consumption is looking good, there are parts of the auto sector like the CV cycle, the passenger vehicle cycle which is looking good and there are pockets in the domestic private sector capex cycle where earnings quality is looking good. So, that is an area where earnings quality is looking good. ”

Ambit Capital further sees three key challenges in Maruti Suzuki-- falling demand and rising discounts for CNG vehicles, Toyota undercutting on strong hybrids with new launches, and government intent to tighten safety norms, starting with the mandatory six airbags rule from October 23.

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