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The rupee appreciated 13 paise to settle at 75.90 (provisional) against the US dollar on Friday, amid the Reserve Bank of India maintaining status quo on the benchmark lending rate. Announcing the monetary policy, RBI Governor Shaktikanta Das said the Indian economy has large forex reserves and that it stands ready and resolute to defend the economy.

“Next policy going forward, there could be a change in stance from accommodative to neutral. We are as of now maintaining a 50 bps rate hike for this financial year in terms of a policy rate hike but on your question, there is always this dilemma of growth versus inflation. ”

According to a notice by BSE on Thursday, 6,61,53,846 equity shares of Rs 2 each fully paid up of Ruchi Soya Industries Limited are listed and admitted for trading on the exchange with effect from Friday, April 08, 2022.

At the beginning of March, a total of 2,905 complaints were pending and 3,329 complaints were received in that month, the data showed.

The Nifty Bank index closed 0.52 per cent up at 37752.05.

After settling with cuts for 3 sessions, the 30-share pack Sensex advanced on Friday, rising 412.23 points or 0.70% to settle at 59,447.18. ITC was the top gainer from the pack, rising 5% followed by DRL, M&M, Titan, Reliance and Tata Steel also pushed the index higher.

The Relative Strength Index of the stock stood at 54.99 on Friday.

“I think, RBI and the MPC have erred on the side of caution and that is sensible policy making and forecasting in this kind of a situation. We have built in the worst case scenario at $100. It is at the right tail of price distribution unless something really crazy happens in the geopolitical situation or oil supply.”

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The Nikkei sank 2.46% for the week, its poorest showing since the period ended March 11, despite notching small gains at the end of a roller-coaster session on Friday. It ended up 0.36% at 26,985.80, stopping short of the psychological 27,000 level.