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Sensex fell 27.09 points, or 0.04%, to close at 73,876.82, while the Nifty 50 settled 18.65 points, or 0.08%, lower at 22,434.65. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 4 “Markets are trading with caution ahead of the RBI policy meeting and key macro data to be released in the US and Europe. We expect the market to consolidate over the next few days until the events unfold," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Sensex fell 27.09 points to close at 73,876.82, while the Nifty 50 settled 18.65 points, or 0.08%, lower at 22,434.65. Nifty 50 formed a small positive candle on the daily chart with a gap-down opening and an upper shadow. “Technically this pattern indicates broader range movement in the market near all-time highs.

Day trading stocks: Following weak global market cues on doubts over the US Fed rate cut, the Indian stock market remained choppy on the entire Wednesday session. The Nifty 50 index corrected 18 points and ended at the 22,434 level, the BSE Sensex lost 27 points and ended at the 73,876 mark whereas the Bank Nifty index added 78 points and closed at the 47,624 level. However, the broad market indices rose more than 0.5 percent even as the advance-decline ratio remained positive at 2.75:1.

Asian shares rallied on Thursday as U.S. rate cuts remained on the menu, even if their timing was unclear, while the yen slid against everything except the dollar and boosted Japanese stocks. There was also action in commodities as gold reached another record, oil a five-month peak and copper a 13-month top, helping lift shares in basic materials and energy companies.

dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest U.S. labour market readout. An unexpected slowdown in U.S. services growth also supported cut expectations and weighed on the dollar, though for the year so far it remains the best-performing G10 currency as those expectations are far more modest than three months ago.

Oil prices rose in early Asian trade on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world's biggest oil consumer. Brent futures for June rose 15 cents, or 0.2%, to settle at $89.51 a barrel at 0037 GMT. U.S. West Texas Intermediate (WTI) futures for May rose 15 cents, or 0.2%, to $85.59 a barrel.

Equity markets traded in a narrow range with a negative bias on Wednesday as caution prevailed ahead of the RBI policy meeting and key macro data. «The US Fed Chair Powell's speech will be keenly watched. We expect the market to consolidate over the next few days until the events unfold,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Dividend stocks: Shares of Sundaram-Clayton Ltd, Varun Beverages Ltd, Cupid Ltd, and Savani Financials Ltd will be in focus when the stock market opens on April 4 (Thursday). The Board of Directors of the 4 companies have declared interim dividend, final dividend, rights issue, stock split, and bonus issue for their eligible shareholders. The record date by the 4 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on April 4.

President Javier Milei’s aggressive campaign to slash spending, the latest in a series of painful economic measures that have put the libertarian government on a collision course with angry protesters and powerful trade unions. Presidential spokesperson Manuel Adorni announced the job cuts in a news conference, portraying them as key to Milei’s promised shake-up of Argentina’s bloated public sector.

Mentha Oil Rate Today gains 0.11% on Apr 2 2024 3:50PM “Gold rises to yet record high above $2,280 per ounce in the overseas futures and ₹69,487 per 10gm on MCX futures. Technically, we have already seen a rally of nearly 10% in the past 5-weeks, now we expect some profit-booking," said Pranav Mer, VP - Research (Commodity & Currency) BlinkX and JM Financial. Two Federal Reserve policymakers expressed their belief on Tuesday that it would be "reasonable" to implement three interest rate cuts in the U.S.

Xi Jinping has told his US counterpart Joe Biden that the Taiwan question is the «first red line» that must not be crossed by Washington, and warned that Beijing will not «sit on its hands» if "Taiwan independence" forces step up their "separatist activities" with the help of external elements. Biden spoke on the phone with Xi on Tuesday, marking the first conversation between the two leaders since their historic in-person summit last November in San Francisco and the latest in ongoing efforts by US and Chinese officials to defuse tensions between the two countries. The White House described the one-hour-45-minute conversation as «candid and constructive» on a range of issues on which the leaders agreed and disagreed. Biden stressed the need to maintain «peace and stability» across the Taiwan Strait and he also raised his concerns over China's support for Russia's defence industry, the White House said.

Stocks that are trading heavily or have substantial price changes on Wednesday: Signet Jewelers, Cal-Maine Foods rise; Intel Paramount Global fall

Two Florida brothers have pleaded guilty to insider trading charges, admitting they made over $22 million illegally before the 2021 public announcement that an acquisition firm was taking former President Donald Trump's media company public

NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according to a circular issued by NSE earlier today.

₹2,000 crore, compared to the ₹30,000 crore that flowed into them during the IPO boom in the mid 1990s.He also noted that the development of India’s MF industry is set to explode after its release from ‘strangulation by UTI and other public sector MFs.’ Jhunjhunwala was also anticipating support from the market from pension and provident funds that did not invest in equities at the time. Yes. In January this year, the monthly (not annual) flow into systematic investment plans alone crossed ₹18,000 crore.

Shares of L&T Technology Services Ltd.(up 3.13 per cent), Coforge Ltd.(up 1.92 per cent), Tata Consultancy Services Ltd.(up 1.64 per cent), Tech Mahindra Ltd.(up 1.49 per cent) and MphasiS Ltd.(up 0.64 per cent) ended the day as top gainers in the pack.

Nifty 50 ended on a flat note after a volatile session on Wednesday as mixed cues from global markets triggered profit booking. Rollover of positions to the May derivative series ahead of the expiry of the April series added to the volatility. While Nifty 50 ended flat at 22,434.65 points, it has formed a small positive candle on the daily chart with a gap down opening and with an upper shadow.

On the BSE, Konndor Industries(down 9.49 per cent), Dipna Pharmachem(down 8.63 per cent), Innocorp Ltd(down 6.44 per cent), Shri Balaji Valve Co(down 6.22 per cent) and Sonal Mercantile(down 5.68 per cent) stood among the top losers in today's trade.

Interoperability platform Wormhole is set to  launch its highly anticipated token airdrop at 7:30 a.m. ET today. 

Nithin Kamath wrote: “I have said this before, regulatory risk is by far the biggest risk for stock brokers." "The RBI has its own reasons for restricting unhedged currency derivatives, but this means the death of currency derivative trading on stock exchanges by retail traders," he added. According to a 5 January RBI circular, starting 5 April, the traders have been mandated to demonstrate contracted or prospective currency exposure to participate in the currency derivatives segments provided by exchanges such as the NSE (National Stock Exchange) and the BSE (formerly Bombay Stock Exchange).

Adani Power Ltd shares surged to an all-time high, marking a fourth consecutive session of gains. The stock surged by 5 percent, reaching a historic peak of ₹611.75 on the BSE, following an 18.4 percent increase over the past four trading sessions. Today's rally further propelled Adani Power's stock, which has climbed a remarkable 230% from its 52-week low of ₹185.10 recorded on April 19, 2023.