Indian equities staged a strong rebound in April after months of decline. Benchmark and broader indices posted their best gains in years, led by midcaps and smallcaps, while sectoral indices like defence and realty outperformed. Banks and IT saw moderate recovery.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to