Capital market stocks surged on Friday he Nifty Capital Markets index rose nearly 2 per cent to 5,453.35, compared with the previous close of 5,357.20.
Brokerage stocks including Angel One, Motilal Oswal, Emkay Global, Nuvama Wealth and Anand Rathi, along with NSDL and CDSL, remained in focus.
The market regulator is set to issue a consultation paper in a week proposing changes to the methodology used for determining settlement prices of derivative contracts. The move follows feedback on the recently rolled-out CAS mechanism.
Separately, exchanges also modified certain norms in CAS. Under the revised norms, the volume weighted average price (VWAP) of trades executed between 3-3:15 p.m. could be used to determine the reference price of stock and index futures.
Stocks in focus
Under the Nifty Capital Markets basket, Angel One, BSE Ltd, Groww, Motilal OFS, CDSL, Anand Rathi and Nuvama traded in positive territory.
Leading the pack of gainers, Angel One shares rallied 8 per cent to ₹308.35, while BSE shares surged 5 per cent to ₹3,474.