Latest Stock Market News

AU Small Finance Bank secured ₹770 crore through tier-II bonds at a 9.20% coupon. Investors included HDFC Bank, Nippon India Mutual Fund, and insurers. The funds will strengthen the bank’s capital adequacy and support digital banking expansion.

Despite volatility, Sensex gained 5.4% and Nifty rose 5.7% in FY25. March’s 6% surge offset five consecutive monthly declines. FIIs were net sellers, while DIIs provided strong support. Defence, financials, and pharma stocks outperformed, while media and energy lagged.

Edelweiss Financial Services is raising Rs 200 crore via debentures with a 9.5%-11% coupon, offering an extra 2% for delays. The firm is focusing on retail lending through co-lending partnerships while winding down wholesale loans. Retail AUM growth slowed due to regulatory constraints and onboarding delays.

Banking and financial services major Goldman Sachs on Friday bought shares of state-owned Hindustan Aeronautics Ltd and Zomato worth Rs 281 crore through open market transactions.

Aashish Somaiyaa, CEO of WhiteOak Capital AMC, advises caution about the current market uptick, suggesting that volatility influenced by US market conditions could see markets trading down again over the next six months. He recommends investors to review and rebalance their asset allocations, possibly focusing on financials and discretionary consumption.

Diamond and jewellery stocks have delivered strong returns in FY25, with five stocks gaining 25% to 230%. Three of them turned multibaggers, led by Sky Gold and Diamonds.

ATC Energies System s SME IPO was fully subscribed 1.32 times, raising Rs 63.76 crore. Shares will list on NSE SME with a 6% premium over issue price.

The Indian rupee slipped on Thursday, pressured by routine dollar demand from importers, even as its Asian peers benefited from a broadly weaker dollar.