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The Nifty Realty index closed 1.35 per cent up at 863.55.

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A P/E ratio above 100 indicates rapid stock price growth relative to earnings. While it reflects strong investor expectations, it may also signal overvaluation.

Market regulator Securities and Exchange Board of India (Sebi) has proposed to limit the expiries of all equity derivatives contracts of an exchange to one of either Tuesdays or Thursdays.

Uco Bank QIP: Uco Bank has set the price of its Rs 2,000 crore QIP at Rs 34.27 per share, a 4.99% discount to the floor price. The move aims to reduce government ownership from 95.39% to around 3%.

Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump s plan to slap a 25% tariff on imported vehicles raised prospects of consumers opting for car rentals instead of buying expensive new cars.

Warburg Pincus-owned mortgage lender Truhome Finance has raised $100 million in external commercial borrowing from DBS Bank and Sumitomo Mitsui Banking Corporation (SMBC).

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.