Indian share markets recouped early losses during afternoon deals and ended today's volatile session higher.

Benchmark indices witnessed volatile trading activity today and bounced back from early losses to end in the green, helped by gains in metal and finance stocks.

At the closing bell, the BSE Sensex stood higher by 375 points (up 0.8%).

Meanwhile, the NSE Nifty closed higher by 110 points (up 0.8%).

JSW Steel and ICICI Bank were among the top gainers today.

Titan Company and Shree Cements, on the other hand, were among the top losers today.

The SGX Nifty was trading at 14,413 up by 334 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended up by 0.3% and 0.6%, respectively.

Sectoral indices ended on a mixed note with stocks in the metal sector and finance sector witnessing most of the buying interest.

Consumer durable stocks and FMCG stocks, on the other hand, witnessed selling pressure.

Shares of Navin Fluorine and Balrampur Chini hit their respective 52-week highs today.

Nestle India and Hero Motocorp were among the top buzzing stocks today.

Asian stock markets were trading on a positive note today following a rebound in global markets.

The Shanghai Composite ended lower by 0.2%, while the Hang Seng ended higher by 0.5%. The Nikkei ended higher by 2.4%.

US stock futures are trading on a flat note today with the Dow Jones Futures trading up by 8 points.

The rupee is trading at 74.95 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.3% today at Rs 48,100 per 10 grams.

In new from the banking sector...

DCB Bank was among the top buzzing stocks today.

Private sector lender DCB Bank acquired a minority equity stake of approximately 9% in Techfino Capital Private Limited (TCPL)

TCPL is a Bengaluru-based Non-Banking Financial Company (NBFC) which using its modern technology platform provides customized consumer loans in the education and healthcare sectors. It is present in key metros and tier 2 cities across India.

Head of inclusive banking at DCB Bank, Narendranath Mishra said 'DCB Bank and TCPL are delighted to be associated in this manner. Microloans or granular loans as a financial solution hold much promise. We value each other's experience and expertise to build a granular loan portfolio with patience and nuance. DCB Bank and Techfino complement each other's strengths and this is an opportunity for both companies to grow the customer franchise'.

According to Jayaprakash Patra, co-founder, Techfino Capital, the association with DCB Bank will help in the growth of the business.

Both the companies together aim to create a successful ecosystem, offering their customers a bouquet of customized financial solutions using TCPL's robust technology platform.

Note that the funds raised will be used in the enhancement of the current tech stack apart from on-lending to customers.

However, the financial details of the transaction were not disclosed.

DCB Bank's share price ended the day down by 0.3% on the BSE.

How this pans out remains to be seen. Meanwhile, stay tuned for more updates from this space.

Moving on to the news from the metal sector...

Tata Steel BSL (formally known as Bhushan Steel Limited) zooms 6% in today's intra-day session after reporting Q4 results

Tata Steel BSL, a subsidiary company of Tata Steel, reported a strong operational performance for the quarter ended March 2021 (Q4FY21).

The company's consolidated net profit more-than-doubled to Rs 19.1 billion in Q4FY21, against Rs 9.1 billion in the December quarter (Q3FY21). Consolidated revenue from operations jumped 24% to Rs 73.2 billion from Rs 58.8 billion in the previous quarter.

On a sequential basis, earnings before interest, taxes, depreciation, and amortization (EBITDA) went up by 25% at Rs 2.6 billion. The increase in EBITDA was driven by higher-than-expected volumes and realization.

Tata Steel BSL also achieved the highest ever quarterly crude steel production of 1.2 million tons. In FY21, the overall production was lower by 9% year-on-year (YoY) primarily due to disruption caused by the COVID-19 pandemic.

Tata Steel holds around 72.7% shares of Tata Steel BSL through its wholly-owned subsidiary Bamnipal Steel. Tata Steel is among the leading companies of the conglomerate - Tata Group.

Tata Steel BSL share price ended the day up by 4.7% on the BSE.