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Comcast shares surge 17% as company announces NBCUniversal, Sky spin-off plan
Comcast shares rose 17% to $27.10 after announcing plans to spin off NBCUniversal and Sky, creating a standalone media company. This move aims to help both entities focus on their strategic priorities amid ongoing industry changes.
Dollar index holds firmly above 100 mark; US PCE data in focus
Dollar index is holding firmly above 100 mark for the third consecutive session on Monday assessing geo-political situation in Middle East. As per media reports, US President Donald Trump over the weekend threatened strikes on Iran if Hezbollah keeps attacking Israel, raising concerns about progress for peace talks between Washington and Tehran. Markets now look ahead to the weeks release of the US PCE price index, the Federal Reserves preferred measure of inflation after Fed left rates unchanged last week. At the time of writing, DXY which measures the greenback against a basket of currencies was quoting slightly higher at 100.73, its highest level in more than a year. Among basket currencies, EURUSD and GBPUSD were both trading marginally lower at $1.1493 and $1.3202 respectively.
Dixon Tech Shares Rallies More Than 4% Amid Media Reports Of Vivo JV Deal Approval
This comes on the back of an NDTV Profit report on Tuesday, which pointed to an inter-ministerial committee granting approval to the Vivo JV after a meeting on Saturday, though the approval has not been confirmed by the government.
AI, quick commerce are reshaping how India spends on advertising: WPP Media's Prasanth Kumar
India's advertising market will grow in 2026. Marketers face unprecedented volatility, juggling many challenges. Despite global tensions and inflation, the outlook remains positive. New platforms and AI are changing the advertising landscape. Brands focus on long-term growth and immediate results. Agencies will adapt to automation, focusing on higher-value tasks.
Penny stock to be in focus on Monday; here's why
Zee Media Corporation reported a significant financial turnaround for Q4 FY26, with a reduced net loss of ₹14.32 crore, down from ₹22.68 crore. The company returned to profitability for the full year, posting a net profit of ₹16.93 crore, aided by improved revenue and cost management.
Titagarh Rail, Jupiter Wagons Surge 9%: Stocks In Focus On Reported Rs 40,000 Crore Indian Railways Order
According to media reports, Indian Railways is expected to issue a tender for around 1 lakh freight wagons over the next three to four years, with annual procurement likely to range between 35,000 and 40,000 wagons.
Mega deals less likely, but media M&A show to stay strong in 2026
Media and entertainment deals will remain strong in 2026. Transactions will focus on content, gaming, sports, and AI companies with intellectual property. Most deals will be mid-sized. The sector saw significant activity in 2025, with deal volumes rising. Value creation will be driven by content, IP, and platform consolidation. Digital advertising will also see more mergers and acquisitions.
JioStar appoints Amit Malhotra as Head of International Business
JioStar has appointed Amit Malhotra as its new Head of International Business. Malhotra will be based in Singapore. His role involves shaping international market strategies and driving growth through launches and partnerships. He will focus on delivering value to consumers globally. Malhotra brings extensive experience from his previous leadership roles at Warner Media and The Walt Disney Company.
'Melody' fame Parle Industries rallies 5%, extends winning run to second day
The stock has come into focus after a viral video featuring Italian Prime Minister Giorgia Meloni and Prime Minister Narendra Modi sparked a social media frenzy around Melody chocolate
Closing Bell: Day 2 of gains pushes Nifty above 23,550, Sensex up 568 pts led by auto, metal, realty
Nifty midcap index rose 1 percent, while smallcap index added 0.65 percent. Eternal, Tata Steel, M&M, HDFC Life and Bharat Electronics were among top gainers on the Nifty, while losers were Wipro, Tata Consumer, Infosys, Cipla, ITC. Among sectors, except FMCG ( down 0.7%) and IT (down 1%), all other indices ended in the green with capital goods, telecom, auto, infra, media, metal, realty, private bank up 1-2 percent.
Closing Bell: Market snaps 3-day fall; Nifty above 23,400, Sensex surges 939 pts
Biggest Nifty gainers M&M, Grasim Industries, Trent, UltraTech Cement, Bajaj Finance, while losers are Bharat Electronics, Wipro, Max Healthcare, Sun Pharma, Coal India. On the sectoral front, auto, bank, FMCG up 0.5-1%, while media, oil & gas, pharma, realty, capital goods down 0.5-2%. Nifty Midcap index is trading flat, while smallcap index down 0.5%.
Closing Bell: Sensex, Nifty end flat amid volatility; pharma, oil & gas gain, media falls
Bharat Electronics, Adani Ports, Sun Pharma, Bharti Airtel, Maruti Suzuki were among major gainers on the Sensex, while losers were Power Grid Corporation, Trent, Bajaj Finserv, HDFC Bank and Eternal. Among sectors, auto, pharma, oil & gas, PSU Bank telecom, metal added 0.4-1%, while media index shed 0.7%. Nifty Midcap index rose 0.6%, while smallcap index ended flat.