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HDFC Bank plans to buy back bonds from HDFC Limited and replace them with new infrastructure bonds to reduce interest costs. The proposal requires approval from the Reserve Bank of India.

General Atlantic Singapore Fund Fii Pte and Asia Opportunities V (Mauritius) offloaded ₹1,004.29 crore worth of PNB Housing shares in a major transaction on the NSE. Selling 1.27 crore shares at ₹786 each, they reduced their holdings from 9.82% and 9.88% as of March 31. The buyers included Morgan Stanley Asia Singapore PTE and BNP Paribas Financial Markets, as PNB Housing shares closed lower by 5.43% at ₹794.4 amidst recent gains of 7.27% over the past month.

This quarter’s expiration comes as implied volatility on S&P 500 options is holding near the lowest level since before the coronavirus pandemic, with the US benchmark index riding the surge in shares of Nvidia Corp. and other artificial intelligence-linked companies. The expiration coincides with index rebalancing, when S&P Dow Jones Indices shuffles company weightings and ETFs that track its gauges make similar adjustments.

​Markets regulator Sebi on Thursday confirmed the interim directions to bar JM Financial Ltd from acting as a lead manager for public issues of debt securities until March 31, 2025, in a case of alleged irregularities in a public issue of non-convertible debentures (NCDs).

The 30-share BSE Sensex climbed 141 points to settle at a new closing peak of 77,479. The NSE Nifty rose 51 points to end at its fresh closing high of 23,567.

​Oil futures hit a seven-week high on Thursday as fresh data on a cooling U.S. jobs market added to hopes that the Federal Reserve could still cut interest rates this year.

Every sale and purchase of equities listed on exchanges incurs a Securities Transaction Tax. The STT rate is 0.017% on options sales and 0.01% on futures sales. Additionally, a proposal to discourage retail investors from trading futures and options by imposing an additional tax was reportedly not discussed, according to ETNow sources.

LPCC is an entity established to undertake the activity of clearing and settlement of repo transactions. A well-functioning repo market contributes to the development of the debt securities market by way of boosting liquidity.

Olympus Capital Asia Investments is set to trim its stake in Aster DM, with a base offering of 2.5 crore shares, representing 5% of the company. Olympus currently holds a 10.1% stake in Aster DM.