Friday, 6 April 2018



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Benchmarks traded on a firm note throughout the day and ended with gains after the Reserve Bank of India kept the repo rate unchanged at 6% in the first Monetary Policy Committee (MPC) meet of FY19.The market breadth was in favour of advances with 6 stocks advancing against one declining one.

Among other economic data, India's services industry returned to growth in March as new business picked up on improved demand, a private survey showed on Thursday, and encouraging firms to hire at the fastest pace in nearly seven years.


After taking a big hit in February, the Nikkei/IHS Markit Services Purchasing Managers' Index managed to narrowly push back above the 50-mark that separates growth from contraction, rising to 50.3 last month from 47.8.

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