Latest Stock Market News

US stock indexes opened higher on Friday, as signs of a de-escalation in the trade war with China and a stronger-than-expected jobs report calmed concerns around the economic toll of tariffs.

Markets regulator Sebi on Friday allowed stock brokers to operate in the International Financial Services Centre (IFSC) at GIFT City, without taking its prior approval.

Apple shares fell 5% on Friday after the company trimmed its stock buyback program and CEO Tim Cook flagged a $900 million tariff-related hit to costs this quarter amid a raging Sino-U.S. trade war.

Tata Motors will issue ₹500 crore worth of Non-Convertible Debentures in two tranches at a 7.08% coupon, maturing in 2028, with CRISIL AA+/Stable rating. The NCDs will be listed on NSE s debt segment.

An RBI working group has proposed extending call money market hours to 7 PM and repo/TREPS trading to 4 PM, aiding banks in managing 24x7 liquidity demands efficiently.

Debt-ridden Vodafone Idea on Friday said its board has approved an amendment in shareholders agreement to enable promoters Aditya Birla Group and Vodafone Group to retain governance and management rights in the company notwithstanding the increased government s stake at 48.99 per cent.

Sebi has proposed rationalizing the QIP placement document by focusing on relevant information for sophisticated investors. The regulator aims to reduce duplication and time-consuming disclosures, suggesting summarized financials, brief industry descriptions, and tabular legal proceedings. Materiality thresholds are proposed for litigation disclosure, while some sections remain unchanged. Public comments are invited by May 23.

Sebi has proposed aligning valuation report timelines with financial results for REITs and InvITs to promote ease of business. Annual reports should be submitted within 60 days of the financial year-end, while half-yearly or quarterly reports should be submitted within 45 days. The regulator also seeks feedback on aligning trading lots and updating investor charters for REITs and InvITs.

Tech Mahindra s subsidiary, Tech Mahindra London Ltd, will acquire Mahindra Racing UK Ltd. The deal involves a cash consideration of GBP 1.2 million. This acquisition allows Tech Mahindra to diversify into sporting events and data-driven engineering. Mahindra Racing UK participates in the Formula Electric World Championship. The company reported a revenue of Rs 357.56 crore for the last financial year.