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U.S. regulators last month sued the crypto exchange and its CEO Changpeng Zhao for allegedly operating a “web of deception.” Binance has said it would defend itself “vigorously.”
The dollar index edged 0.1% higher at 99.869, after touching a 15-month low of 99.574 earlier. The index was down 2.3% for the week, its biggest weekly decline in eight months.
HDFC Bank has approved continuation of 1,47,57,600 warrants issued by HDFC Ltd in the name of bank as successor on the same terms and conditions, it said.
For the week, both the benchmarks added a percent each.
The stock last traded at $124.73 and was on track for its biggest one-day percentage gain since early February when it announced the product. The shares also hit their highest point since mid-June during the session.
The dollar index, which measures the U.S. currency against six major rivals, stood at 99.71 in early Asian hours, its lowest since April 2022. The index is on course for its worst week since November.
Spot gold was steady at $1,958.45 per ounce by 0051 GMT, and up 1.8% for the week. U.S. gold futures were almost unchanged at $1,963.00.
BSE Midcap index touched a new high of 29,420.55 and Smallcap index record fresh high of 33,746.89.
Gold is used as a safe investment during times of political and financial uncertainty, but higher interest rates increase the opportunity cost of holding non-yielding bullion.
With effect from September 4, Nifty Bank weekly index options will expire every Wednesday instead of Thursday. The first Wednesday weekly expiry for Nifty Bank will be on September 6.