The Indian stock markets remained buoyant and close higher on Monday, for the seventh consecutive day, after an intraday volatile session.
During trading session, the Sensex surpassed the 11,000 mark while the Nifty tested the 3,400 level. BSE Sensex settled the day at 10,967, up 163 points or 1.51%, and Nifty ended up 40 points or 1.21% to 3,382.
Further, BSE Mid Caps and Small Caps also ended the day with gains of 106.57 and 147.61 points at 3,464.92 and 3,915.16 respectively.
Indian Stock markets continued the upward move on Wednesday as well. The markets opened sharply lower on the back of weak global cues and disappointing guidance from Infosys, but saw significant recovery from the day's low as huge buying interest from the Institutional and local players helped the Sensex successfully to close above 11,000 mark while the Nifty to close above the 200-day moving average of 3,425. 
Tokyo - Japanese markets extended losses Wednesday on the yen's advance against the US dollar. Investors were selling also because worries grew on the US economic outlook following weak retail sales reports in March.
With the board of the Securities and Exchange Board of India, SEBI, divided on the issue related to its lawful right to inspect if the committee appointed to look into the National Securities and Depository Limited (NSDL) matter, it was decided on Monday that an independent legal opinion will be sought. 
Punjab National Bank (PNB), India’s second largest public sector bank, has entered into an alliance with four brokerage firms, including Networth Stock Broking and SMC Global Securities, to strengthen its online securities trading services. 
Sydney - Australia
