Nifty Realty fell the most, down about 2.14%, followed by Auto, PSU Bank, and Bank indices which declined over 1.5%. Nifty IT was the only sector to gain, rising around 0.6%.
While gold ETFs have long dominated the paper gold space, the launch of EGRs has introduced a fresh investment avenue, allowing buyers to trade and hold gold in a fully dematerialised form.
The brokerage maintains its FY27 and FY28 Ebitda estimates, factoring in Delhivery's strong growth in the transportation segment, supported by healthy service Ebitda margins.