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In April, 67 lakh unique retail investors participated in the cash market on the NSE out of the total demat account base of 11.61 crore. This represents about 5.8% of the total demat accounts in the country. Unique retail investor participation is calculated on the basis of the PAN or Permanent Account Number. This is a more accurate indicator of investor participation as the total demat account base includes multiple account openings by investors.

At present, an investor with an income or net worth below a certain threshold has to chip in at least ₹1 crore to invest in an AIF - the regulatory term for PE and VC funds. The entry level investment has remained unchanged since AIF rules were announced in 2012.

Bajaj Finance has raised its fixed deposit rates up to 40 basis points, offering 8.35% for 44 months and 8.05% for 36 to 60 months. Fixed deposits are simple to understand, making them popular with conservative investors and senior citizens, many of whom rely on such incomes for monthly expenses.

​In aggressive short cover, the stock’s cumulative open interest has decreased whereas the price, average traded, and delivered quantity of 5 days have increased.​

Consolidated revenues from operations in the period under review rose 17.4% to Rs 2214.5 crore. Earnings before interest, depreciation, tax and amortisation (EBIDTA) last quarter stood at Rs 233.2 crore as against Rs 248.2 crore in corresponding period of the previous fiscal.

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The Dow Jones Industrial Average rose 145.39 points, or 0.43%, at the open to 33,707.20.

A balanced portfolio strategy and active search for GARP opportunities on a bottom-up basis are advised by experts for Indian investors to capitalise on the pockets of strong earnings recovery, according to a report by Tata Mutual Fund. An early cycle valuation of mid and small-sized banks offers strong earning momentum and returns for investors, whilst increasing exposure in capital goods/industrial sectors and stabilised sectors like IT and FMCG also present opportunities. Despite global uncertainties in IT spending, the report suggests investors should look for value with triggers and an earnings upgrade cycle.

HPCL is engaged in the business of refining crude oil and marketing petroleum products. Its market capitalisation is Rs 36,194 crore.

Indian markets saw a muted session as investors focussed on individual stocks, with the Karnataka Assembly elections as a backdrop. The benchmark Nifty index settled 49.15 points higher at 18,315.10, following a day of gain and loss swings. A long-legged doji pattern emerged on the daily chart, suggesting investors should exercise caution at the highs. No reversal pattern has been spotted so far, yet a decisive move above the 18,300-18,400 range would unlock upside targets of 18,600-18,700 in the near term.