22, 24 carat Gold prices up across metro cities on November 9

MakeMyTrip's India subsidiary, MMT India, has received approval from Sebi for an initial public offering. This approval follows a confidential filing of draft papers made in July. The IPO will involve the sale of equity shares by MakeMyTrip and its subsidiary, ibibo Group Holdings. Proceeds from the sale are expected to enhance the cash position of the parent company.

The Sensex declined 362.13 points, or 0.45 per cent, to 80,637.27 from its previous close of 80,999.40, as selling pressure broadened across IT, metals and cement sectors, overwhelming early gains in banking and pharma stocks.

The views signal a reset in sentiment towards Indian stocks as investors seek stocks that are less vulnerable to concerns over stretched AI valuations