The government from April 1 increased the gas price paid to producers of oil and regulated fields from $2.9 per million British thermal units to $6.10, a record high.

For a stock to turn multibagger, the company has to consistently grow its earnings at a high rate and has to achieve the same without deteriorating its returns on capital employed.

Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen and six cities in the coastal Zhejiang province will be added to the existing 10 major "pilot" cities to test the use e-CNY, it said.

A Bitcoin spot ETF could be the next catalyst when it comes to mass adoption as an ETF eliminates the complexity barrier.

The smallcap index reached an all-time high of 31,304.44 on January 18 this year, after hitting its 52-week low of 20,282.07 on April 19, 2021.

The last time they shrank the balance sheet, the Fed set caps allowing holdings to run off at $50 billion a month -- $30 billion in Treasuries and $20 billion in mortgage backed securities, phased in over a year -- but officials have said they expect to go faster this time around.

A select few companies will announce their March quarter numbers during the week but most of them are smaller ones. Meanwhile, traders will start positioning themselves for the earnings season that will pick pace when TCS declares its numbers on April 11.

According to data available with the depositories, FPIs were net sellers to the tune of Rs 41,123 crore in the equity market last month.

“Keeping the portfolio inflation proof is a difficult task indeed. We have to contend with inflation across the board. Our belief is this year market movement is going to be very stock specific in nature. So bottom up stock picking is going to be the way forward. Our portfolio construct has really not changed significantly. ”

“We have already had a fairly robust kind of a move in the case of defence PSUs and given crude price rise, it is very natural that even the oil and gas PSUs will do well as well. The power generation companies will also see a fairly robust demand coming through.”