Latest Stock Market News

Switzerland intends to automatically exchange information on crypto assets with 74 countries, including EU members, Britain, and most G20 nations, excluding the U.S. and Saudi Arabia. The proposed bill, awaiting parliamentary approval, aims for the first data exchange in 2027. This move signifies a global push for greater transparency in the crypto space.

The Indian rupee strengthened modestly on Friday as the Reserve Bank of India s steepest rate cut in five years boosted local equities, helping the South Asian currency eke out a gain even as the dollar firmed against major peers.

NSE Sustainability Ratings and Analytics Ltd, an entity of the National Stock Exchange, on Friday announced the launch of its ESG ratings for listed companies.

HDFC Bank shares surged to a 52-week high following the RBI s unexpected interest rate cut and CRR reduction. The Bank Nifty also hit a record high, with other bank stocks rising. While NIM concerns arose, the CRR cut is expected to inject liquidity and boost economic growth.

Tesla is the worst-performing large-cap stock this year, thanks to declining electric vehicle demand, Chief Executive Elon Musk s political controversies over his ties to far-right groups, and now, his public feud with President Donald Trump.

Bajaj Holdings and Investment said on Friday that it sold a 0.65% stake in financial services firm Bajaj Finserv for 20.02 billion rupees ($233.8 million) via a block deal.

Zerodha now manages nearly 11% of India’s retail and HNI equity holdings, reflecting its massive user trust. Despite strong profits and revenue, CEO Nithin Kamath confirms no IPO plans, citing operational independence and stability amid short-term market slowdown.

Lululemon Athletica s shares fell 21% in premarket trading on Friday, as the maker of high-end leggings warned that tariff-related costs and uneven demand in key markets of North America and China will dent its profits this year.

Sensex and Nifty closed higher after RBI’s surprise 50 bps repo rate cut. Realty, financial, and banking stocks rallied, led by Godrej, ICICI General, and IDFC First Bank. MCX surged, while Azad Engineering and Bharti Hexacom declined amid mixed sectoral moves.

Rekha Jhunjhunwala’s March 2025 quarter stock additions outperformed the Sensex, with Nazara Technologies and Canara Bank delivering over 30% returns. Meanwhile, Tata Motors, posted a 5.6% return, slightly underperforming the benchmark while Escorts Kubota trailed significantly, delivering a muted 1.4% return despite positive rural cues. Her portfolio reflects a diverse exposure across sectors, with 26 publicly held stocks worth over ₹41,570 crore.