Latest Stock Market News

Sensex surged 557 points to 76,906, with four BSE financial stocks hitting 52-week highs. JSW Holdings, Manappuram Finance, Bajaj Finance, and Kotak Mahindra Bank posted strong gains over the past month.

NSE shares will become easily transferable via the delivery instruction slip (DIS) mechanism from March 24, reducing transfer timelines from six months to just 3-5 days. The move eliminates manual KYC and verification, streamlining transactions in the high-demand unlisted market.

The National Stock Exchange (NSE) on Friday announced the launch of a dedicated website for municipal bonds in a bid to enhance the credibility and visibility of such bond markets in the country.

India s Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its funding target, two sources familiar with the matter said on Friday.

Wall Street opened lower on Friday as investors continued to navigate the complex landscape of tariffs, with FedEx becoming the latest firm to adjust its annual projections due to economic uncertainties.

The Nifty Pharma index closed 1.34 per cent up at 21625.9.

Zerodha:Zerodha founder Nithin Kamath claims that clients have saved ₹2,000-₹20,000 crore in brokerage fees over 10 years due to zero charges on equity delivery. He highlights how brokerage costs impact overall returns and emphasizes cost-conscious investing for better profitability.

China stocks:Foreign investors pumped $1.2 billion into Chinese equities this week, the largest inflow since October 2024. The surge was driven by rallies in EV giant BYD and Chinese AI firms, boosting confidence in China’s market rebound and attracting global fund managers.

Indian equity indices rose for the fifth session, with Sensex up 557 points and Nifty50 closing above 23,350. HCC, Ola Electric, and Manappuram gained, while Tbo Tek and Jindal Stainless declined.