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Historical data shows that the first quarter of the financial year has by and large been positive for Dalal Street. The positive start to the quarter this time has, therefore, brightened prospects for the history to repeat itself.

Gold prices fell to their lowest in nearly two weeks on Monday after data showing manufacturing activity in New York state increasing for the first time in five months fuelled bets of a 25-basis-point rate hike by the Fed at its May meeting, and boosted U.S. Treasury yields and the dollar.

The prime minister last month disclosed details of his own financial affairs, showing he paid more than £1 million in UK taxes over the past three years. His earnings from shares and capital gains easily eclipsed his political salary.

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Godrej Capital, a late entrant into finance among storied business groups in India, started its operations only in November 2020 and expects to expand in the crowded mortgage market in India. The company has two separate arms, Godrej Housing Finance for home loans and Godrej Finance to lend to MSMEs.

For the March quarter, Angel One has reported 17% sequential growth in net profit at Rs 267 crore, while EBITDA during the same period rose 20% quarter-on-quarter to Rs 370 crore.

The bulk deal saw Goldman Sachs Singapore Pte ODI pick up 6.42 million shares for ₹131.2 crore. As per BSE India data, investors offloaded 57.6 million shares of the company in a large block deal on Monday.

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Longer-term profit growth has been in double-digits and one can expect that to return once the near-term headwinds are behind us. Investors can keep track of the companies and any big sell-off from here could be an opportunity to invest selectively.

"Prime Focus is exploring ways for a possible conversion of existing shares of Prime Focus to DNEG and list its subsidiary on Nasdaq for a valuation of $1.5-1.7 billion," said one of the persons cited above. "The company plans to raise around $500 million in DNEG either by SPAC or listing it at NASDAQ."