INSUBCONTINENT EXCLUSIVE:
Bajaj Finance, Bajaj Finserv, IndusInd Bank and HDFC Life gained 2.3 per cent to 3.5 per cent on BSEThe domestic stock markets have
rebounded around 1 per cent, post the nearly 2 per cent correction witnessed in the previous session, on the back of value buying at lower
points or 0.96 per cent.The broader markets are outperforming their largecap counterparts, with the BSE Midcap index and BSE Smallcap index
gaining 1.7 per cent and 1.5 per cent respectively
All the BSE sectoral indices are trading in the green, with the exception of the IT space.Asian markets were mixed in the morning of April
20 as investors await the release of China's latest benchmark lending rate
Stocks in Japan led losses among the region's major markets, with the Nikkei 225 falling 1.31 per cent, while the Topix index shed 1.22
South Korea's Kospi gained 0.11 per cent, while the S-P/ASX 200 in Australia declined 0.14 per cent.United States stocks closed lower on
Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations,
while Tesla Inc shares fell after a fatal car crash
The Dow Jones fell 0.36 per cent, the S-P 500 lost 0.53 per cent and Nasdaq Composite dropped 0.98 per cent.Meanwhile, oil prices edged
higher on Monday supported by a weaker United States dollar, but gains were capped by concerns about the impact on demand from rising
coronavirus cases in India.Brent crude settled up 28 cents, or 0.4 per cent, at $67.05 a barrel, after rising 6 per cent last week
West Texas Intermediate (WTI) United States oil ended the session up 25 cents, or 0.4 per cent, at $63.38 a barrel, having gained 6.4 per
cent last week.Select financial and auto stocks are witnessing buying interest this morning
Bajaj Finance, Bajaj Finserv, IndusInd Bank and HDFC Life have gained between 2.3 per cent and 3.5 per cent on the BSE