Broader indices underperform, but 38 smallcap stocks deliver double digit returns

Broader indices underperformed the main ones in the volatile week ended April 19 due to geopolitical worries, rising crude prices, and uncertainty over the US Fed's rate cut timing. However, 38 smallcap stocks saw an uptick as they jumped between 10 and 35 percent. In the week gone by, the Nifty50 index shed 372.4 points (1.65 percent) to end at 22,147, while the BSE Sensex fell 1,156.57 points (1.55 percent) to close at 73,088.33. In the broader market, the BSE SmallCap, MidCap and LargeCap indices shed 1, 2.2, and 1.7 percent, respectively. Read here

Take a look at these key events

Today
Mahavir Jayanti
Q4 results: Persistent
Rajnath Singh's public rallies in Murshidabad, Maldah Uttar and Darjeeling
Chandrababu Naidu to distribute B-forms to TDP candidates
INDIA Bloc’s ‘Maha Rally’ in Ranchi
Sunita Kejriwal to participate in INDIA bloc's rally
Mayawati's poll rally at Ghaziabad
Thiruvananthapuram Airport to suspend flight services for four hours for religious procession
IPL: KKR Vs RCB, PBKS Vs GT
Tomorrow
Earth Day
Q4 results: Reliance Industries, Kesoram Industries
Calcutta HC to pronounce judgement on school jobs scam
Re-polling at 11 polling booths in Manipur due to mob violence
Mallikarjun Kharge to campaign in Bengaluru Rural and Chikkaballapur
Rahul Gandhi to campaign in Alappuzha
KCR’s bus Yatra in Telangana to begin
IPL: RR vs MI

Elon Musk confirms his scheduled trip to India is delayed but looks forward to visiting it later this year

Elon Musk postponed his visit to India, which included a meeting with Prime Minister Narendra Modi, citing "very heavy" obligations at Tesla Inc. He, however, expressed his intention to visit India later this year. Details here

HDFC Bank Q4 Results: Net profit jumps marginally to Rs 16,511 crore, NII at Rs 29,007 crore

HDFC Bank on April 20 reported a net profit of Rs 16,511 crore for the January-March quarter of the financial year 2023-24, marking a 0.84 percent jump compared to Rs 16,373 crore clocked in the previous quarter. The net profit is almost in line the market estimates of Rs 16,576 crore. The bank’s year-on-year financial results are not comparable due to the merger with the parent entity HDFC Ltd during the year. Read more here

Bank lockers: How to find the best vault for your valuables

It is always advisable to exercise caution and alertness while entrusting your possessions to outside parties, including banks. You should be aware of the risks involved and take safety measures before leasing a bank locker to protect your belongings. Bank locker rental charges range from Rs 1,000 to 10,000 per annum, and yet often have risks that customers can overlook. Here are some key aspects to consider before renting a bank locker.

Ola Cabs meets investment banks, weighs IPO

ANI Technologies, the parent company of Ola Cabs, initiated preliminary discussions with investment banks this week as the holding firm evaluates the potential launch of an initial public offer (IPO) of the ride hailing business, three people familiar with the development said on the condition of anonymity. Get details here

Stanford expert shares best way for introverts to succeed in the workplace

Scientific research supports the idea that extroverts fare better at workplace communication than introverts, who are often at a drawback in a world that values outspokenness and assertiveness. But it doesn’t always have to be that way. A Stanford University lecturer and communication expert has shared the number one way in which introverts can gain influence in the workplace, without attending every single social event. Read more here