Globally, the US markets closed higher overnight, as Treasury Secretary Janet Yellen reassured investors that measures would be taken to keep deposits safe in the banking system. Dow Jones, NASDAQ Composite, and the S&P 500 indices surged up to 1 per cent.
In the commodity market, prices of Brent Crude, and WTI Crude slipped up to 1.7 per cent to $75 per barrel, and $69 per barrel, respectively, as traders anticipate OPEC+ to not announce a larger production cut in the April meeting.
Back home, shares of Vedanta will be in focus after the board will meet next week to consider and approve the fifth interim dividend for this fiscal year.
Besides, shares of Larsen and Toubro (L&T) will also be tracked after the manufacturing major inked pact with French-based company McPhy to build a manufacturing facility for electrolysers.
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