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Email sent to Jio Financial seeking comments remained unanswered at the time of going to the press. "The appetite for Jio Credit s bond issue is a reflection of the company s strong parentage. The investors also lapped up the bonds because it gave them an opportunity to take exposure to new AAA-rated credit and diversify their holdings," said a person aware of the developments.

Axis Max Life, currently owned jointly by Axis Bank and Max Financial Services, operates under a quasi-listed structure, where the parent companies are publicly traded but the insurance business is not directly listed. Tripathy said the structure is "suboptimal" and that collapsing it into a single listed entity would create better visibility and investor confidence.

Anticipation of aggressive rate cuts and relaxed FPI regulations spurred a bond market rally, driving the 10-year G-Sec yield below 6.30%. Sebi s proposed easier KYC norms for IGB-FPIs and RBI s relaxed rules for FPI corporate bond investments boosted market sentiment.

The case relates to a monetary penalty of ₹10 lakh imposed by Sebi on V Shankar, former company secretary of Deccan Chronicle Holdings, for allegedly misleading investors by signing a buyback announcement based on misstated financials.

Stock market weakness impacted the portfolios of India s top investors in the March quarter. Rekha Jhunjhunwala, Mukul Agrawal, and others saw significant declines. Portfolio values decreased between 5% and 31%. Madhusudan Kela and Ashish Dhawan s portfolios were relatively stable. Few major investors made fresh purchases exceeding 1% during this period. The data reflects a challenging quarter for prominent individual investors.

Japanese and Australian stocks edged lower, while a gauge of US-listed Chinese companies climbed 1.2% on Wednesday. Tencent Holdings Ltd.’s revenue grew at its fastest pace in more than three years.

Markets closed slightly higher after a narrow trading range, with several companies like JSW Energy and ITC Hotels set to announce Q4 results. Tata Power plans a significant capital expenditure, while Eicher Motors reported record quarterly sales. Balu Forge and Brigade Enterprises also saw substantial profit increases, and SBI is considering raising funds.

Oil prices declined on Thursday due to potential US-Iran nuclear deal. There was also an unexpected increase in US crude oil inventories. An Iranian official expressed willingness for a deal with the US if sanctions are lifted. Saudi Arabia supports the US-Iran nuclear talks. The US issued sanctions targeting Iran s ballistic missile component manufacturing.