During the month of April, Nifty IT index, on average, has delivered returns of about 1.1 per cent and interestingly, three out of the last four years’ performance for the index in the month of April has been mindblowing!

The company will be benefitted by utilising the proceeds of the restructuring for the repayment of the debt, Capex for composite cylinders (LPG/CNG/hydrogen), and core business in India to meet huge market demand as well as benefit the shareholders. 

Continuing its stellar performance, India's largest regulated Exchange-based online Mutual Funds Distribution platform is moving consistently towards transforming itself into a unique end-to-end-value based platform.

Activity in the F&O market for the weekly expiry on April 13 shows a wide range of trading. 

BSE Smallcap index relatively outperformed the broader markets, registering gains of 0.99 per cent, closing at 29,765.79.

On Friday, the markets broke the losing streak and ended higher after RBI's Monetary Policy Committee kept the key rates unchanged. 

The biggest highlight of today’s RBI policy was that it kept the interest rate unchanged. For the 11th time in a row now since May 2020, the RBI has kept the repo rate and reverse repo rate constant at 4 per cent and 3.35 per cent, respectively, thus maintaining its accommodative policy stance although it has hinted at the withdrawal of this policy soon. 

Today, the major gaining sectors were energy, FMCG, metal, oil & gas, and power. The shares of Mangalore Chemicals, Deep Industries, Zuari, and Jaiprakash Associates gave exception returns in today’s session. NSE's India VIX, a gauge of market volatility, went down by 6.90 per cent to 17.69 levels.

Bharat Dynamics, Ruchi Soya and Ceat witnessed positive action in today’s session.  

Indices have closed higher, thanks to positive RBI MPC outcome. Nifty has surged 0.82 per cent to close at 17,784.35 while Sensex gained about 850 points.