Latest Stock Market News

Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used by Jio Finance to support its business operations.

NSE has postponed the implementation of the F&O expiry scheduled for Monday, following Sebi s proposal to limit equity derivatives expiries to either Tuesday or Thursday. This move aims to provide optimal spacing between expiries across exchanges, enhancing predictability and stability for market participants.

Adani Group stocks surged, adding Rs 40,000 crore in market capitalization over 15 days, while Chairman Gautam Adani became India s top wealth gainer. His wealth increased by Rs 1 lakh crore, though he still lagged Mukesh Ambani, who dropped out of the global top 10. Despite the surge, Adani s stocks saw a 21% drop in FY25.

Daylynn Pinto of Bandhan AMC explains the current market consolidation after five strong years, highlighting concerns such as the slowdown, global recession risks, and potential tariffs impact. Pinto justifies underweighting capital goods due to stretched valuations and anticipated limited private capex, while stressing the positive outlook on financial services and autos amid favorable regulatory and liquidity factors.

Declines in auto stocks pushed European shares to a two-week low on Thursday after U.S. President Donald Trump announced plans to slap 25% import tariffs on all vehicles and foreign-made auto parts from next week.

Global markets are witnessing the unwinding of Trump-era trades, with U.S. treasury yields cooling, the dollar weakening, and equities correcting. Key themes include trade policies, defense spending, and central banks diversifying reserves, driving gold to record highs.

Emkay Global removed IndusInd Bank from its model portfolio, citing leadership uncertainty and derivatives accounting concerns. The brokerage also downgraded the stock and added Power Finance Corporation, citing attractive valuations and bullish exposure to the power sector.

The reshuffle, coinciding with Nifty s derivatives expiry, will result in Bharat Petroleum Corp Ltd (BPCL) and Britannia Industries Ltd exiting the index, causing significant outflows, while Grasim Industries and Bajaj Finance will undergo weightage adjustments.

India s central bank plans to double the investment cap for individual foreign investors in listed companies to 10% to boost capital inflows. This move broadens the scope to include all foreign investors and aims to increase the combined holding limit to 24%, as discussions with the government and SEBI continue.