Yield on the 10-year benchmark bond closed at 7.37 per cent, versus 7.36 per cent at previous close

Higher volatility in markets prompts trades to get more active

Gold price declined by Rs 55 to Rs 56,865 per 10 gram in the national capital on Tuesday, according to HDFC Securities.
The precious metal had ended at Rs 56,920 per 10 gram in the previous trade.
Silver also tumbled Rs 455 to Rs 66,545 per kilogram.
“Spot gold price in the Delhi markets traded at Rs 56,865 per 10 gram, down Rs 55 per 10 gram,” said Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities.
In the overseas market, gold was trading higher at USD 1,863 per ounce while silver was lower at USD 21.95 per ounce.
Comex gold prices moved up in Asian trading hours on Tuesday but traded within range before US CPI data which will be released later in the day, Gandhi said.

Market regulator SEBI has told the Supreme Court that it is inquiring into allegations made in the Hindenburg report against the Adani Group as well as the market activity immediately preceding and post the publication of the report to identify any violations of its regulations.
It has also told the apex court hat it has a robust set of frameworks and market systems to ensure seamless trading and deal with the volatility in stock exchanges, while asserting that developed securities markets world over recognise short selling as a legitimate investment activity.
The Securities and Exchange Board of India (SEBI) on Monday filed the 23-page written note before a bench headed by Chief Justice DY Chandrachud, which was hearing two PILs relating to the recent Adani Group shares crash, and said it was already enquiring into both, the allegations made in the Hindenburg report as well as the market activity immediately preceding and post the publication of the report, to identify violations of

With a modest 1 per cent increase in duty on cigarettes and improving outlook for FMCG and Hotels, brokerages think ITC is well positioned for a strong FY24.