Market News

Aditya Birla Group bets big on IPL boom, says media rights frenzy is far from over

Aditya Birla Group sees strong future growth for Indian sports. The group believes IPL media rights will keep increasing in value. This is despite current worries about fewer bidders. India's economy and sports viewership are rising. Premium sports assets are also scarce. This supports future valuations. The group recently bought Royal Challengers Bengaluru. They are optimistic about the long-term trend.

PRO FX revenue jumps 37% to Rs 177 crore in FY26, profit rises 24% on premium AV demand

PRO FX Tech saw significant growth in FY26. Revenue jumped 37% to Rs 177 crore, and net profit rose 24% to Rs 15 crore. This success was fueled by strong demand for premium audio products and effective operations. The company navigated economic challenges through cost management and a focus on high-value customers.

Ahead of Market: 10 things that will decide D-Street action on Monday

Nifty broke below its 23,800–24,500 consolidation range, signalling near-term weakness, with resistance now seen at 23,800–24,000 and key support at 23,150, according to analysts. Market breadth stayed negative as Sensex fell sharply, dragged by RIL, SBI and M&M. Broader indices saw mixed activity across stocks, with selective buying interest but overall sentiment tilted towards bears amid volatility.

Market Trading Guide: 2 stock ideas for Monday with up to 8% near-term gains

Nifty ended lower on Friday, breaking a two-session winning streak as banking, metal and realty stocks dragged the index below the 23,800 zone. Analysts see a bearish setup with resistance at key EMAs and support near 23,500. Amid volatility, two technical stock picks, Kirloskar Oil and Wheels India, signal short-term upside potential of up to 8% with defined stop losses.

“Dear Anand Mahindra…”: Vijay Kedia ask billionaire to unlock hidden tourism giant in Mahindra Holidays

Ace investor Vijay Kedia has urged Anand Mahindra to unlock the “hidden tourism giant” within Mahindra Holidays, arguing that strong demand for domestic travel and Club Mahindra’s brand strength are being overshadowed by losses at its overseas unit. He called for a strategic review to refocus on India and enhance shareholder value.

Eternal, Maruti can rally up to 30%, says Mirae Asset Sharekhan

Muthuselvaraj M, Research Analyst at Mirae Asset Sharekhan believes that both Eternal and Maruti have corrected significantly from their respective peaks and are now showings some signs of strength.

Tata Motors PV Share Price Live Updates: Tata Motors PV showcases high beta value

Indian consumers balancing aspiration with prudence, driving purposeful spending trends: Report

Indian shoppers are now spending with purpose. They are carefully balancing their dreams with smart financial choices. Consumers are focusing on essential items. Spending on non-essentials is limited to a few select areas. Travel demand is shifting towards premium options. Value, comfort, and reliability are key factors in these decisions. This shows a mature and resilient consumer base.

Middle East war may make your sofa more expensive

The Middle East conflict is impacting Indian homes. Furniture makers face rising costs for materials like foam and lacquer due to global shipping disruptions. Companies are absorbing these increases for now. Consumers are becoming cautious with spending. Some businesses are adapting by focusing on value and optimizing sourcing. Premium furniture demand remains strong.

Bajaj Auto Share Price Live Updates: Bajaj Auto showcases a low beta value

McKinsey inks 10-year lease in Mumbai’s BKC; deal ranks among India’s costliest

McKinsey & Company has renewed its Mumbai office lease in Bandra Kurla Complex. The deal involves high rental rates, reflecting sustained demand for prime commercial space. This long-term commitment underscores the value global firms place on premium locations. The lease is effective from October 1, 2026, for ten years. This transaction is among India's costliest office leases.

Godrej Properties to expand premium real estate footprint

The real estate developer has lined up high-value projects across Gurugram, Delhi and Mumbai as premium housing demand strengthens.