Market

Strengthening rupee and lower oil prices boost investor confidence as Sensex and Nifty climb; FIIs turn net buyers. Source

Meanwhile, Indian equity markets experienced a significant rally during Samvat 2080, with the Nifty rising approximately 25 per cent despite FPI withdrawals. Source

Wakefit Innovations Limited files DRHP for ₹468 crore IPO with BRLMs Axis Capital, IIFL Capital, and Nomura; plans expansion. Source

Brokerage firm Investec, in a note earlier, wrote that the normalisation of Model Y production rate should subside headwinds for Sona BLW. Source

Meesho approved to raise ₹4,250 crore in IPO, with CEO Vidit Aatrey becoming chairman. Source

Waaree Energies will see its six-month shareholder lock-in ending on April 25. As many as 15 crore shares will become eligible to be traded as its shareholder lock-in ends, according to a note from Nuvama Alternative & Quantitative Research. Source

Torrent Pharmaceuticals acquires controlling stake in JB Chemicals and Pharmaceuticals from KKR, followed by merger for growth. Source

Global shares mostly declined Thursday as investors grappled with uncertainty ahead of the US elections next Tuesday. Source

Equity indices Sensex and Nifty drop after four-day rally due to profit-taking, bank stocks decline. Source

The growth reflects the resurgence of demand in the Indian jewellery market, fuelled by robust consumer sentiment and a two-day Dhanteras muhurat that allowed a larger window for buyers. Source