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Tata Steel gained 1.8% to Rs 878.40 after the steel major reported its highest-ever annual deliveries despite COVID-19 driven disruption.
The benchmark equity index BSE Sensex traded 548 points, or 1.11%, higher at 49,749 at around 12 pm (IST)
RBI kept repo rate unchanged at 4% and maintained an accommodative stance. Reverse repo rate stands at 3.35%.
Here is the list of top stocks that could be in focus on April 7.
Invest in good quality companies with a proven track record and do not chase momentum.