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.
Swiggy, Eternal surge up to 7%. Should investors chase the rally?
Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy’s foreign ownership falling below 50% and optimism around quick commerce. Analysts