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The highly anticipated report on U.S. employment showed hiring slowed more than expected but remained steady last month.

Bajaj Finserv Mutual Fund has filed draft documents with Sebi to launch seven schemes in equity, debt, and hybrid spaces. These schemes include liquid funds, money market funds, overnight funds, large and mid-cap, balance advantage, and flexi cap funds. The company will launch these products after receiving approval from the regulator. With this, the total number of open-end and close-end funds launched in the calendar year 2022 reached 179 and 49, respectively, collectively garnering Rs 62,187 crore. Bajaj Finserv Ltd had received the final registration from Sebi in March 2022 to commence its mutual fund operations.

The presence of crucial overhead resistance and an emergence of minor weakness from the highs could indicate further consolidation or minor downward correction for the Nifty from near 17,650-17,700 levels in the coming sessions, he said.

According to the fourth quarter business update released by the bank, global gross advances jumped 19% to Rs 9.73 lakh crore in the period ending March 2023. Whereas, domestic advances jumped 16.9% YoY to Rs 7.99 lakh crore. Domestic retail advances rose 26.9% YoY to Rs 1.78 lakh crore.

Indian Renewable Energy Development Agency Ltd (IREDA) is under the administrative control of the Ministry of New and Renewable Energy (MNRE) and engaged in the financing of renewable energy and energy efficiency projects.

In the overseas market, both gold and silver were trading lower at USD 1,997 per ounce and USD 24.85 per ounce, respectively.

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“The domestic facing companies and sectors continue to be better placed in this volatile market. So, banks, industrials, automobiles, cement are some of the segments where we continue to remain positive as compared to the global cyclicals. We have to be pretty much stock specific in FY24 as a whole.”

From the Sensex pack, Tata Motors was the top gainer, rising over 5% after a strong year-on-year jump in its global wholesales in Q4FY23. Wipro, Power Grid, L&T, M&M and Tech Mahindra also closed with gains.

The Nifty50 closed up 0.14% at 17,624.05, while Sensex rose 0.02% to 59,846.51. The Nifty and the Sensex have risen nearly 4% over six sessions ending on Monday.​