# The benchmark indices continued their relief rally for the fourth consecutive day, rising nearly seven-tenths of a percent on April 7.

*business · news · 2026-04-07 · Moneycontrol*

## Key points

- Laurus Labs is nearing a breakout above Rs 1,075 after consolidating in a triangle pattern.
- Schneider Electric Infrastructure reversed from its 50-period EMA, indicating renewed buying interest.
- Welspun Corp broke above its previous swing high and retraced 61.8% of its recent decline.
- Indian Energy Exchange is showing a negative reversal pattern and remains in a long-term downtrend.

**Companies:** Tech Mahindra, Laurus Labs, Schneider Electric Infrastructure, Welspun Corp, Jindal Steel, DCB Bank
**Countries:** India

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-laurus-labs-schneider-electric-welspun-corp-dcb-bank-tech-mahindra-and-others-on-april-8-13882933.html)

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