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.
Cultural sensitivity, communication key to strengthening India's medical tourism appeal: IIM experts
Experts highlight cultural sensitivity and communication's importance for international medical tourists. Effective expectation management and communication enhance patient experiences in Indian hospitals. India is a leading medical tourism destination due to advanced healthcare and affordable costs. Hospitals should invest in intercultural communication training for professionals. Bridging cultural gaps improves patient satisfaction and India's market competitiveness.
Consumer loans hit a record in Q1 amid steep rise in electronic goods prices
Consumer financing reached new highs in the June quarter. This surge was fueled by greater financing of electronics and rising prices. Banks and NBFCs saw significant growth in consumer durable loans. Financing now accounts for a larger share of smartphone sales. Extended financing tenures help keep monthly installments affordable for consumers.
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.
Home affordability holds firm despite rising prices: Knight Frank
Homebuyer affordability remains strong across most Indian cities in early 2026, with lower borrowing costs offsetting rising property prices. Ahmedabad leads as the most affordable market, while Mumbai and NCR face affordability challenges. Despite price increases, healthy incomes and supportive financing continue to fuel residential demand, keeping sales near post-pandemic highs.
Tata Power to install solar, battery energy systems across one lakh households in Punjab over three years
Tata Power Solaroof has launched 'Ghar Ghar Solar' in Punjab, aiming to equip one lakh households with rooftop solar and battery systems over three years. This initiative, supported by accessible financing and community programs like 'Mera Gaon, Mera Solar', seeks to boost clean energy adoption. The campaign aligns with government subsidies, making solar power more affordable and promoting self-reliant energy solutions across the state.
Affordable housing finance firms likely to regain growth in FY27, but macro risks loom: Kotak
Affordable housing finance companies are poised for a growth rebound from FY27, according to Kotak Institutional Securities. After a subdued period due to lending slowdowns and competition, industry trends are already showing improvement. Disbursement growth accelerated in the latter half of FY26, with managements expressing optimism. While healthy growth is expected in early FY27, macroeconomic factors like monsoon, inflation, and interest rates will shape the latter half of the year.
Delhi NCR's 'Ring of Opportunity' could open up a new era of affordable homes
Four new greenfield cities along Rapid Rail Transit System (RRTS) corridors are set to boost real estate affordability in Delhi and its surroundings. The KMP-Eastern Peripheral Expressway belt is now designated NCR's Ring of Opportunity, ending regulatory uncertainty for peripheral land. This strategic development, anchored by existing infrastructure like the Delhi-Meerut RRTS and Noida International Airport, positions Sonipat, Bhiwadi, Meerut, and Alwar as independent growth hubs, not just commuter towns.
Adani Group targets 10 GW nuclear power capacity by 2035
Adani Group is venturing into nuclear power, aiming for 10 GW capacity by 2035 to bolster India's energy security amidst global uncertainties. Chairman Gautam Adani announced land acquisition for Adani Atomic Energy, a significant addition to the conglomerate's integrated power platform. This move aligns with accelerated investments across the energy value chain, from mining to clean energy technologies, underscoring a commitment to reliable, affordable, and round-the-clock power for the nation.
Affordable housing, rental expansion and RERA Reforms set to define next growth phase in India's urban region: Report
India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A KPMG report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial reforms to boost trust and efficiency in the real estate regulatory framework, ensuring project completion and buyer protection.
Reliance seeks to build India's sovereign AI backbone; unveils Jio call agent and AI home platform
Reliance Industries is building India's sovereign AI backbone. The company is partnering with Google and Meta. New AI-powered applications are launching for Indian users and businesses. An AI agent will join phone calls to assist users. Reliance aims to make AI affordable for every Indian. This initiative leverages Jio's vast digital network.