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Gold prices edged higher on Friday, set for a second consecutive weekly gain, as the U.S. dollar eased and recent economic data prompted bets that the Federal Reserve is nearing the end of its rate-hike cycle.

In Quest Smart Alpha Rising Leaders, the fund would focus on identifying 20-30 unique companies in the smallcap and midcap space in sectors which have the potential to deliver significantly higher growth than they have in the recent past owing to various structural and company level changes.

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Speaking at AIF & PMS Conclave 1.0 Summit, Sharma said the Indian market offers a huge opportunity in terms of bottom up companies. "Market opportunities in India are huge. Irrespective of foreign flows, India has done well and will continue to do well."

Provisional numbers shared by the lender earlier this month showed that advances grew about 17% on year to Rs 16 lakh crore as of March-end, and was up 6% from December-end.

A jump in weekly jobless claims brings relief to investors

IndusInd Bank in its plea claimed a default of Rs 83.08 crore against the media and entertainment firm promoted by Subhash Chandra.

This comes after U.S. Fed minutes on Wednesday indicated that several policymakers considered pausing rate increases and projected that recent banking sector stress would tip the economy into recession.

The collapse of SVB in the US and Credit Suisse in Europe could significantly impact the BFSI sector, and the next few quarters will be crucial for the IT services industry. The disappointing Q4 results for Infosys showed a constant currency decline of 3.2% and a decline in revenue growth momentum and margins. While a slowdown in revenue growth momentum is expected, there may not be an extreme bounce back in the next few quarters.

Women investors under the age group of 18-24 years have seen consistent rise from 66,417 in Dec 2019 to 2.81 lakh in December 2022, while for the age group between 25 & 35 years, women investors base rose from 8.59 lakh in 2019 to nearly 20 lakh in December 2022.