Indian equities, led by Reliance Industries, showed gains. Various sectors surged, with expectations of steady Fed rates in May 2024. Trent rises over 6% post solid Q4 results.
Nifty 50 closes April with 1.24% gain, led by strong banking and auto sectors. IT pack sees losses for the second consecutive month. Nifty Bank, Nifty Realty, Nifty Metal, Nifty Auto indices reach new record highs in April.