Gold prices remained stable as investors awaited the Federal Reserve’s policy statement for insights into future rate cuts. Focus also remained on U.S.-China trade talks before the August 1 deadline, with officials seeking an extension to the tariff truce. Investors are also closely monitoring U.S. economic data releases, including GDP figures.
Tata Chemicals surges on Tata Sons listing buzz
Tata Chemicals shares surged on Thursday, driven by the RBI’s new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this