Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India's middle class may have little room in the richer housing market
India's residential property market delivered one of its strongest first-half performances in over a decade, with home sales staying near record highs even as growth stabilised. Knight Frank India says premium housing is now driving the market, while affordable homes continue to shrink. Mumbai led sales, Bengaluru posted the fastest growth and NCR remained the weakest market.
Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s why
Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected to improve, with PAT breakeven anticipated in FY29.
Healthy credit cycle set to keep NBFCs on growth track in Q1
Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. This growth is fueled by robust loan demand, particularly in affordable housing and microfinance, alongside steady commercial vehicle financing. Despite a traditionally slow start, collection efficiency remains high, and falling bond yields are expected to lower funding costs, promising stable profits and continued loan expansion.
IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetration
IRDAI Chairman Ajay Seth called for insurance companies to prioritise covering a broader range of unique lives rather than merely chasing premium targets, especially among middle-income families. He stressed the need for simple and affordable insurance products, encouraging insurers to ask if consumers can invest Rs 100-500 monthly for added security.
Carmakers pare discounts as GST cut revives small-car demand
Car manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-market demand following GST rate reductions. Maruti Suzuki and Tata Motors have significantly lowered or removed incentives on popular models like the Wagon R, Baleno, Tiago, and Punch. This shift reflects renewed confidence in affordable vehicles, with sales of smaller cars showing a substantial uptick.
Greaves Electric's Ampere achieves 4 lakh sales milestone
Ampere, the electric two-wheeler brand of Greaves Electric Mobility, today announced it has crossed the significant milestone of 4 lakh scooters manufactured and sold in India. This achievement underscores Ampere's growing presence in India's mass electric mobility segment and reflects its steady evolution from an early EV pioneer to a trusted, high-growth brand, driving smart, accessible and affordable electric mobility solutions across India.
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rally
On Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the most. Firms in the oil marketing sector, tire production, and airlines enjoyed an uptick, as the affordable oil alleviated some financial anxieties. Conversely, upstream oil producers took a hit.
Tata bets on hatchback revival with new Tiago, expands affordable EV push
Tata Motors has launched the next-generation Tiago and Tiago.ev with upgraded features, aggressive pricing and a renewed focus on affordable EVs, as it seeks to revive interest in India’s hatchback market.
Tata Motors launches next-gen Tiago at Rs 4.69 lakh, Tiago.ev starts at Rs 6.99 lakh
2026 Tata Tiago Facelift Launched at Rs 4.69 Lakh. Tata Motors has launched the new Tiago hatchback and Tiago.ev. These models feature updated styling and advanced technology. Customers can choose from petrol, CNG, and electric powertrains. The company aims to offer premium experiences in affordable hatchbacks. The Tiago is the only hatchback in its segment with these diverse powertrain choices. The Tiago.
Interest subvention scheme likely for e-buses, e-trucks; Centre may earmark ₹6,960 cr
The government is weighing cheaper loans and other incentives to help private operators buy electric buses and trucks, aiming to cut fossil fuel use and boost cleaner transport. Officials believe the proposed support could make costly EV fleets more affordable and unlock large private investments in commercial electric mobility.
These three EV stocks with high returns on capital are worth watching
Over the next decade, India could see a rapid electrification of public transport, logistics, and affordable mobility. Rising renewable-energy capacity also improves the long-term economics of EV charging.
India's Two-Wheeler Buyers Mirror Fast-Food Spending Habits Despite Inflation
India's consumers are splurging on premium two-wheelers and fast food despite inflation, highlighting a shift toward affordable indulgence spending.