• On Thursday, top gainers on Nifty were IndusInd Bank, Tata Consumer Products, Britannia, Adani Enterprises and Adani Ports. Meanwhile, the main losers were Apollo Hospitals, Eicher Motors, Bajaj Auto, Bharti Airtel and UPL.
• Shriram Finance will replace UPL in the Nifty 50 index from March 28.
• Foreign direct investment (FDI) inflows in India declined 13% to USD 32.03 billion in April-December 2023, according to the latest government data. 
• Brightcom Group tanked 7% after the Securities and Exchange Board of India (SEBI) refused to lift restrictions on promoter.
• Reliance, Viacom 18 and Walt Disney announced a binding agreement to merge their business on Wednesday.
• India's Gross Domestic Product (GDP) expanded by 8.4% on an annual basis in the third quarter (October-December), as against a 7.6% in the previous quarter, data released by the National Statistical Office (NSO) showed Thursday.
• The US stock markets closed higher on Thursday after the key US Personal Consumption Expenditures (PCE) Price Index increased 0.4% for the month and 2.8% from a year ago, as expected.
• Markets are currently pricing in just about a 20% chance that the US Federal Reserve (Fed) could begin easing rates in May, much lower than an over 90% chance a month ago, according to the CME FedWatch Tool. For the June meeting, the probability for a rate cut now stands at about 62%, down from 70% seen a week ago.
• Attention now turns toward the US ISM Manufacturing PMI for fresh trading incentives.