Latest Stock Market News

JSW Energy has successfully completed the acquisition of the 1800 MW KSK Mahanadi thermal power company by paying ₹16,084 crore to creditors ahead of the deadline. This acquisition is part of a broader strategy, marking JSW s third significant power sector acquisition.

The Reserve Bank of India s recent auctions to inject funds into the banking system saw lukewarm interest due to improving liquidity conditions. Despite a persisting liquidity deficit, it has narrowed significantly in March. Market participants remain optimistic about further RBI measures to manage advance tax and GST outflows.

The Reserve Bank of India has approved a one-year extension for Sumant Kathpalia as CEO of IndusInd Bank, extending his term until March 23, 2026. Kathpalia, who has over 37 years of experience in the banking sector, has overseen significant growth despite challenges in the microfinance portfolio.

The NSE Nifty ended 0.03% or 7.8 points higher to close at 22,552.50. The BSE Sensex declined 0.01% or 7.51 points to close at 74,332.58. Both indices rose 1.9% this week, the first advance after three weeks.

The dollar index, which maps the strength of the dollar relative to a basket of currencies, slid to 103.6. It was just shy of the 110 mark as recently as late January, with safe-haven demand roiling equities across the Emerging Markets, and prompting the most protracted slide in India s benchmark stock gauges in nearly three decades.

Buch, who led Sebi for three years, came under attack after the now-defunct Hindenburg Research and the Congress party levelled serious allegations against her around conflict of interest. Buch and Sebi issued statements denying these claims.

In its consultation paper, Sebi has proposed that minimum application size for ZCZP issuance should be reduced to Rs 5,000 or to a much smaller amount of Rs 1,000 so as to enable more retail participation in ZCZP issuances by NPO on SSE.

Wall Street s main indexes opened lower on Friday after data showed less-than-expected improvement in job growth in February while investors awaited comments from Federal Reserve Chair Jerome Powell.

Gensol Engineering shares: Gensol Engineering s shares rose by 5% after CFO Ankit Jain resigned to pursue other opportunities. His resignation follows a period of declining share prices and credit rating downgrades by ICRA and CARE. Jabirmahendi Mohammedraza Aga has been appointed as the new CFO.

Market watchdog SEBI has issued a warning letter to FMCG major Nestle India over alleged violation of Insider Trading norms by a senior official of the company.