That was a short four-day week, similar to the last one, with a Wednesday mid-week break. Markets suffered losses on three of the four trading days. Dow Jones closed at 34,043.49 points, down 174.41 points or 0.51 %. The US markets appear to be puzzled, as they seem to be switching between losses and profits on different days, as seen the previous week.

Regularly, the markets dropped 123 points on Monday, 256 points on Tuesday, 316 points on Wednesday, 321 points on Thursday, and 228 points on Friday.

The highest point total in his career was 34,257. Concern at this time is the levy of a capital gains tax of 43% by the Biden government, which is expected in the coming days. The Indian rupee fell 66 paise, or 0.89 %, to Rs 75.01 per US dollar.

The BSE sensex fell 953.58 points, or 1.95 %, to 47,878.45 points, while the NIFTY fell 276.50 points, or 1.89 %, to 14,341.35 points. The BSE100, BSE200, and BSE500 both fell 1.86 %, 1.71 %, and 1.58 %, respectively, in the general industry.

So far, the results season has produced some impressive results. ICICI Bank announced a more than doubling of its gross profit for the fiscal year 2020-2021, even though earnings increased by more than 2.6 times in the fourth quarter. The profit for the year was Rs 16,192 crore as opposed to Rs 7,930 crore. Similarly, it was Rs4,402 crore versus 1,221 crores in the fourth quarter.

Reliance Industries Limited's results will be announced on Friday, April 30th. This week, the top companies in the benchmark index will almost finish reporting their earnings, and then the reports from the next round of businesses, which will contain the not-so-good results, will continue to be reported.

Macrotech Developers Limited's shares debuted on the stock exchanges on Monday, April 19th. Despite the chaos on the streets, the stock held up well and closed with minor losses of Rs 22.85 or 4.70 %. They rose over the rest of the week, closing at Rs 530.55, up to Rs 44.55 or 9.17 %.

The disturbing situation on the Covid-19 front continues to dominate the news in India. Maharashtra, which was one of the badly affected states, seems to be recovering, with the number of daily cases reducing or not showing any more signs of rising. Although it is impossible to predict that the worst is over, in some states, things cannot get any worse from here. Second, as everyone's consciousness grows, it appears that policies and processes are being followed more closely.

There were 14,70,91,849 patients worldwide, 31,13,284 deaths, and 12,47,30,121 patients who healed. In India, there were 1,69,60,172 patients, 1,92,311 deaths, and 1,40,85,110 recovery rates. In comparison to the previous week, there were 57,67,943 new cases, 89,222 deaths, and 48,02,430 people healing around the world. In India, there were 21,72,063 new patients, 15,143 deaths, and 12,75,467 recovery rates.

The April futures contract expires on Thursday, April 29th. The series is now leading by just 16.45 % points and could go any way. This week's trade will take place on all five days. At this point, this series might go either way, but based on market technicals and sentiment, the bears seem to have the upper hand.