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The rupee finished at 82.04 per dollar, compared with 81.9725 in the previous session.The dollar index gave up gains late in the session as the pound jumped on strong labour data, but the rupee failed to capitalise, finding strong resistance at the 82-level.It is unclear whether there was one large buyer as private and public sector banks, both, were seen bidding for dollars, said a trader

The report from Bloomberg noted that a panel or committee may be appointed to build on proposals submitted to the Finance Ministry in 2019 and the policy will likely be implemented in 2024 if the government returns to power.The details and structure of changes to the taxation are yet to be known. A capital gains tax is levied on income or gain that comes out from sale of a capital asset such as stocks and bonds

The Apple stores in Mumbai and Delhi will transform them into destination outlets attracting high-end consumers. As the affluent market is a trend in India, with a 60% share for Apple, electronics are the new sexy thing for gifting and upgrading, and Apple is a lifestyle. Expect an Indianisation of the Apple brand with Mumbai and Delhi stores featuring iconic Indian symbols.

India VIX was down by 1.51% from 12.26 to 12.07 levels. Volatility spiked towards 13 mark on Monday but later cooled off from its highs. Option data suggests a shift in trading range between 17,400 and 18,000 zones while a shift in immediate trading range between 17,500 and 17,850 zones

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According to the latest shareholding data available with the exchanges, foreign investors have marginally reduced their stake to 35.08% at the end of the March quarter from 36.28% as of December 2022. Despite the cuts, Infosys has one of the highest foreign holdings on the Street

From the Sensex pack, Power Grid, UltraTech Cement, Titan and Reliance are top laggards. HCL Tech, Nestle, Wipro and Sun Pharma close with gains

The entire influx of money has come in last week of March once the Finance Act was passed. So to my mind, this kind of entry into debt mutual funds is not going to happen in the future.

Another expert, Deepak Jasani, Head of Retail Research at HDFC Securities, said the RBI would take a call on rates going forward based on variables like the interest rate movement in other economies, the inflation trajectory in India, and the updated monsoon forecast. He added that the central bank could hold rates for at least one more time

"Gold demand in the domestic market is likely to improve after recent correction in prices and ahead of Akshaya Tritiya which is considered as an auspicious occasion for buying gold," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said