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The Indian benchmark Nifty 50 traded within a narrow range amid bouts of profit booking, with support at 17,550 and 17,442 points on the downside, and resistance at 17,717-17,777 levels. Analysts suggest the market is witnessing a non-directional activity near the 200-day SMA, and while the daily momentum indicator has triggered a fresh negative crossover, we should assign less weightage to the signal until the Nifty 50 breaks below 17,550-17,500. The range of consolidation is set to be between 17,500-17,800 for the next few sessions.

​Energy and private bank sectors witnessed over Rs 10,000 crore inflows from domestic funds during the March quarter, shows data from ICICI Securities.

Coinbase has secured a license to operate its digital assets business in Bermuda as part of its global expansion plans, and is reportedly in talks regarding a license in Abu Dhabi. The move comes as Coinbase CEO Brian Armstrong warns that crypto firms may be forced to develop in offshore havens if the US and UK do not create regulatory clarity. The exchange is also apparently looking to launch a crypto derivatives exchange in Bermuda. Meanwhile, US regulators are becoming increasingly active against crypto firms, with the SEC threatening to sue Coinbase in March.

Indian pharma company Mankind Pharma is set to open its IPO next week. The offer for sale of 40 million equity shares by promoters and other existing shareholders is aiming to raise around INR4,326 crore ($523m). The price band has been set between INR1,026-1,080 per share, and subscriptions will be open to investors between 25 and 27 April with the shares likely to get listed on 9 May on both NSE and BSE

In the overseas markets, both gold and silver were traded higher at USD 1,996 per ounce and USD 25.16 per ounce, respectively.Gold prices traded higher in Asian trading hours on Thursday.Comex spot gold price is trading up by 0.11 per cent at USD 1,996 per ounce against its previous close, Gandhi said

The Nifty IT index closed 0.19 per cent down at 26637.15.

All the public shares will be acquired by promoters and members of the promoter group viz. T T Jagannathan, T T Raghunathan and TT Krishnamachari & Co, the exchange filing said.

The Indian rupee snapped a three-day losing streak on Thursday, as most Asian currencies advanced against the dollar, with upcoming U.S. data releases and Federal Reserve commentary awaited.

Guaranteed income plans are a popular investment option for risk-averse investors seeking a stable income source or saving for specific milestones, according to Ashish Lath of InsuranceDekho. The plans offer a fixed interest rate and a range of policy structures that allow premium-paying and income terms to be customised.

In the Sensex pack, Asian Paints, NTPC and Tata Motors were the top gainers, rising over 1%. Bharti Airtel, L&T, SBI, Wipro and Maruti also closed with gains. Whereas, HUL, Sun Pharma, Infosys, UltraTrch Cement and Bajaj Finance settled in the red.