1. RBI’s MPC kept the repo rate unchanged at 6.5%, maintaining an accommodative stance and revised the estimate of real GDP growth from 6.4% to 6.5% for FY24.
2. IPO of Avalon Technologies got oversubscribed by 2.34 times
3. HDFC MF has launched NFOs for HDFC Nifty Midcap 150 Index Fund, HDFC Nifty Smallcap 250 Index Fund and HDFC S&P BSE 500 Index Fund. The NFOs close on April 18. While NJ MF has extended the NFO close date for NJ ELSS Tax Saver to June 09.
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