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New Delhi, Apr 28 (PTI) Gold price declined Rs 420 to Rs 59,980 per 10 grams in the national capital on Friday amid weak global cues, according to HDFC Securities. The precious metal had settled at Rs 60,400 per 10 grams in the previous trade. Silver also tumbled Rs 570 to Rs 74,600 per kg.

On the technical charts, the RSI of the stock stood at 44.44.

From the Sensex pack, Wipro, Nestle, ITC, and L&% were the top gainers, rising over 2% each. SBI, Tech Mahindra, Reliance, Bharti Airtel, and Kotak Bank also ended higher.

So I think that is one reason where we are seeing more inflow into fixed income instrument in comparison to equity.Second, big reason has been the equity market for nearly 21-22 months have been flat.

Kotak Mahindra Bank is expected to report high double-digit growth in net interest income for the quarter ended March, with improvement in profitability. However, growth in the bottomline is expected to be in single digits due to high base effect.

The total volume in DeFi is currently 3.65 billion, 7.88% of the total crypto market 24-hour volume. The volume of all stablecoins is now $40.51 billion, which is 87.47% of the total crypto market 24-hour volume.

Foreign Institutional Investors’ (FII) darling HDFC Bank has failed to be a part of the top 20 Nifty performers during last four periods of FII outperformance, even though banks act as safe bets, according to a recent report.

On Thursday, PI Industries announced twin acquisitions into pharma API and CDMO space, stating that it is committed to building a differentiated pharma play.

The board has also recommended a final dividend of Rs 20 per equity share for the financial year 2022-23. The dividend will be paid within 30 days from the date of declaration.

Infosys key Products/Revenue Segments include Software Development Charges and Software Products for the year ending 31-Mar-2022.