Latest Stock Market News

The Securities Appellate Tribunal (SAT) has upheld SEBI s ₹30-lakh penalty on Reliance Industries and two compliance officers for delayed disclosure of Facebook s Jio Platforms stake purchase in 2020. SEBI s investigation revealed news of the deal circulated in March and April 2020, prior to RIL s official announcement on April 22.

The judgment has raised concerns over the sanctity and finality of the Insolvency and Bankruptcy Code (IBC), and that global financial investors may stay out of the distressed asset market due to the lack of legal certainty.

The rupee strengthened Friday to a peak of 83.78 per dollar, before closing weaker at 84.58, likely due to dollar purchases by the Reserve Bank of India (RBI). The rupee had closed at 84.48/$1on the previous day.

Bond yields declined after the RBI announced buying back government securities worth ₹1.25 lakh crore in May, lifting sentiment, while the large quantum took market participants by surprise.

This team would review and scrutinise external communications, including notices and reports from regulators, stock exchanges, and other stakeholders. It is also advising the bank on potential legal implications stemming from the audit reports submitted, sources said.

ICICI Bank was fined for non compliance on cyber security framework in banks, know your customer (KYC) regulations, and credit card and debit card - issuance and conduct.

The BSE Sensex rose 0.3%, or 260 points, to end at 80,502. The NSE Nifty50 edged up 0.05%, or 13 points, to close at 24,347. Both indices gained 1.5% this week-marking the third straight weekly gain for Indian equities-the longest such streak since December 2024.

Adani Ports and Special Economic Zone surged 4.4% on Friday, becoming the top Nifty gainer, fueled by robust Q4 results that surpassed expectations. This rally erased all of 2025 s losses, pushing the stock into positive territory for the year, closing at ₹1,269.7, up 4.2% year-to-date. Analysts maintain a bullish outlook, anticipating further rebound after recent market corrections.

The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns of a economic slowdown following a Commerce Department report, showing a contraction in U.S. gross domestic product for the first time in three years, weighed down by a tariff-induced flood of imports.

The Federal Reserve meeting will assess the recent stock market recovery. Investors hope for interest rate cuts. Stocks recovered after President Trump s tariffs caused a slump. The Fed is expected to hold rates steady. Market anticipates potential rate cuts. Trump s tariffs and White House pressure influence the Fed s decisions. Corporate earnings have exceeded expectations.