Gold started losing its glitter since central banks started hiking rates. Central banks across the globe had reduced rates earlier to support economic activities, which were adversely affected during the pandemic. But now, many central banks are on the path of hiking rates to fight against higher inflation.
Deepak Nitrite shares sink 13% as Q3 profit halves, margin pressures mount
Deepak Nitrite share price: Shares of Deepak Nitrite fell 15% to a 52-week low after the company reported a 51.5% year-on-year decline in Q3 net