Share markets in India witnessed volatile trading activity throughout the day and ended on a flat note.

Benchmark indices fluctuated between gains and losses, tracking weakness in global peers.

Sectoral indices ended on a mixed note with stocks in the metal sector and telecom sector witnessing selling pressure, while IT stocks and energy stocks witnessed buying interest.

At the closing bell, the BSE Sensex stood higher by 59 points while the NSE Nifty ended on a flat note.

The BSE Mid Cap index ended the day down by 0.2%, while the BSE Small Cap index ended the day up by 0.8%.

Asian stock markets finished on a negative note, tracking weakness in oil prices that collapsed to more than two-decade lows on low demand data and storage facilities reaching their limits.

Upcoming earnings reports and economic data also kept investors cautious.

As of the most recent closing prices, the Hang Seng was down 0.1% and the Shanghai Composite stood higher by 0.5%. The Nikkei 225 was down 1.2%.

Moving on, the rupee is trading at 76.53 against the USD.

Market participants were tracking Infosys (INFY) share price  as the company is scheduled to announce its March quarter results (Q4FY20) later today.

In news from the banking sector, HDFC Bank share price was in focus today.

Shares of HDFC Bank (HDB) rose 6% today after the private lender's net interest income (NII) grew 16.2% year-on-year (YoY) at Rs 152 billion in the January-March quarter (Q4FY20).

The bank's profit before tax (PBT) was up 2.5% at Rs 91.7 billion YoY, due to higher provisioning in the light of the Covid-19 crisis.

The bank's net interest margin (NIM) stood at 4.3% in Q4FY20. The private lender's NIM stood at 4.2% in Q3FY20.

Overall, the bank reported a 15.4% rise in consolidated net profit at Rs 72.8 billion for Q4FY20. The bank had posted a net profit of Rs 63 billion during the corresponding quarter last year.

Asset quality improved sequentially as gross non-performing assets (GNPA) declined by 16 basis points (bps) quarter-on-quarter, of which 10 bps improvement was due to moratorium benefit.

In other news, Kotak Mahindra Bank (KMBKY) is planning to raise capital, which will help promoter Uday Kotak lower his stake in the institution and comply with Reserve Bank of India (RBI) regulations.

Reportedly, the bank is planning to sell 4% of its promoter stake.

In an exchange filing on Sunday, the bank said its board will hold a meeting on 22 April to approve a plan to raise equity capital through a private placement, follow-on public offering (FPO), or a qualified institutions placement (QIP).

In January, Kotak Mahindra Bank and RBI reached an agreement under which the bank promoter Uday Kotak agreed to reduce his stake over a period of time. Under the agreement, the promoter stake has to brought down to 26% by July-August.

Kotak Mahindra Bank share price ended the day down by 0.8%.