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Gold and silver prices slide on MCX and Comex as a stronger US dollar, rising Treasury yields and Fed rate hike expectations weigh on bullion sentiment.

Shares of HCL Technologies Ltd ended at ₹1,109.90, down by ₹20.20, or 1.79%, on the BSE.

The June Fed meeting set a hawkish tone. Now, several Wall Street firms don’t believe gold will live up to their bullish targets.

Raymond’s recent ₹330 crore preferential issue had earmarked ₹248 crore for acquisitions. The company had identified sectors such as aerospace and space tech for acquisitions.

The Nasdaq was an underperformer on Monday as well, ending 1% lower, dragged by Alphabet, which declined 5% after the exit of two high-profile AI division engineers, who quit to join rivals OpenAI and Anthropic.

As per Motilal Oswal’s data, the top four-five apparel and home textile players account for 15%-28% of export sales, respectively, and given India’s highly fragmented exporter base, there is significant runway for further consolidation.

Jyoti Gupta, Senior Research Analyst at Ashika Institutional Equities says a potential BrahMos missile deal with the UAE could be a major milestone, opening opportunities across Gulf Cooperation Council (GCC) countries and benefiting companies such as BEL, BDL, Data Patterns…

The markets are declining in-line with the global tech meltdown seen on Tuesday. South Korea’s benchmark KOSPI ended 10% lower on Tuesday with trading being halted for a few minutes as the circuit limit was triggered.

Citi has a “sell” rating on Tech Mahindra with a price target of ₹1,275 per share, a downside of 11% from its previous closing price.

In a note published Monday, Goldman said investors are increasingly grappling with the risk that rates remain elevated for longer, with markets pricing a wider range of possible policy outcomes.