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.

NSE has postponed the implementation of the F&O expiry scheduled for Monday, following Sebi s proposal to limit equity derivatives expiries to either Tuesday or Thursday. This move aims to provide optimal spacing between expiries across exchanges, enhancing predictability and stability for market participants.

Adani Group stocks surged, adding Rs 40,000 crore in market capitalization over 15 days, while Chairman Gautam Adani became India s top wealth gainer. His wealth increased by Rs 1 lakh crore, though he still lagged Mukesh Ambani, who dropped out of the global top 10. Despite the surge, Adani s stocks saw a 21% drop in FY25.

Daylynn Pinto of Bandhan AMC explains the current market consolidation after five strong years, highlighting concerns such as the slowdown, global recession risks, and potential tariffs impact. Pinto justifies underweighting capital goods due to stretched valuations and anticipated limited private capex, while stressing the positive outlook on financial services and autos amid favorable regulatory and liquidity factors.

Declines in auto stocks pushed European shares to a two-week low on Thursday after U.S. President Donald Trump announced plans to slap 25% import tariffs on all vehicles and foreign-made auto parts from next week.