BSE Smallcap index outperformed broader markets, ending in the green territory at 29,695.94, up by 0.38 per cent.

Indices closed lower on Wednesday. Nifty closed at 17,807.65, down by 0.83 per cent while Sensex lost about 566 points.

The company has proposed company's board split equity shares of the face value of Rs 5 each into equity shares of the face value of Re 1 each.

In environments of rising yields and higher inflation expectations, value stocks are placed better than growth stocks, asserts Meenakshi Dawar, Fund Manager, Nippon India Mutual Fund.

Container Corporation of India Ltd, IDBI Bank and Indian Hotels Company Limited are today’s mid-day movers

Indian markets nosedived during Wednesday's trading session, tracking weak global peers. The US market was down by 0.80 per cent and 2.20 per cent. The mutual fund industry’s AUM grew by 19 per cent to Rs 38.37 lakh crore. The buyers outnumbered sellers to show positivity in the market. On BSE, 2,068 shares rose while 1,151 shares fell. The FIIs bought shares worth Rs 374.89 crore and the DIIs sold shares worth Rs 105.42 crore on April 05. 

At 11.30 am on Wednesday, the core equity indices i.e., Sensex & Nifty 50 fell, owing to poor Q4 result updates from IT and auto companies, which led to higher selling from investors.  

Stablecoins bridge the world of cryptocurrency and fiat currency together as their prices are tied to a reserve asset like the US dollar or gold.   

Equity indices opened lower and traded with losses in the early trade. Asian markets were trading lower on Wednesday, mirroring losses seen among their peers on Wall Street, following an overnight surge. Buying was seen by both foreign portfolio investors (FPIs) as well as domestic institutional investors (DIIs) worth Rs 374.89 crore and Rs 105.42 crore, respectively in the Indian markets on April 04. Crude oil is trading at $ 102 per barrel. The Rupee has depreciated this morning and is trading at 75.49 against the dollar. 

Quantitative investment is gaining traction not only in India but throughout the world. Continue reading to find out if it makes sense to invest in them.