Market News
Stay updated with the latest market trends, earnings, and economic indicators.
PNGS Gargi Fashion Jewellery surges after strong Q4 business update
PNGS Gargi Fashion Jewellery rallied 3.51% to Rs 873.95 after the company's revenue from operations jumped 30.27% to Rs 29.55 crore in Q4 FY26, compared with Rs 22.68 crore in Q4 FY25.
Nykaa shares fall even after strong Q4 update; Street divided on whether stock can rally
Brokerages expect Nykaa to deliver strong Q4 growth led by beauty and improving traction in fashion, with margins set to expand and losses narrowing, though views remain divided on valuations.
PDS secures ₹450-crore sourcing contract from leading US value retailer
Global fashion infrastructure platform PDS Limited bagged a ₹450-crore sourcing mandate from a major US value retailer via subsidiary GSCL, boosting its US presence; shares closed at ₹286.90, up 0.61% today, April 6.
Nykaa shares rally nearly 4% on strong Q4 business update
Nykaa's shares climbed following a robust Q4 FY2026 revenue update. The company anticipates its fastest growth in 12 quarters, driven by a strong fashion segment recovery and steady beauty sales. Full-year net sales are projected to accelerate, with aggressive retail expansion and a growing brand portfolio fueling optimism.
Nykaa shares jump nearly 4% after projecting 'late twenties' net revenue growth in Q4
Nykaa's fashion vertical has seen steady growth recovery since the start of financial year 2026 and the management is confident of the trajectory to improve further, with GMV growth of late twenties and NSV growth at early forties.
Reliance’s e-commerce platform cashes in on Dhurandhar hype with new merch line
Reliance fashion platform AJIO has launched a special merchandise collection. This range is inspired by the spy thriller Dhurandhar. The collection features apparel like graphic T-shirts and signature tees. It also includes limited-edition signed Pathanis. Designs are based on movie quotes and on-screen styles. The merchandise is available exclusively on AJIO. The film Dhurandhar is produced by Jio Studios.
India’s luxury split: Hermès grows as Gucci, Dior lose momentum
In 2025, luxury brands in India experienced mixed results, with Gucci and Louis Vuitton reporting falling revenues while Hermès thrived. Economic uncertainty and inflation affected consumer spending, leading to a preference for heritage goods over fast-fashion items, according to industry experts.
Malaika Arora launches accessories brand ‘Maejoy’ in collaboration with Myntra
Actress Malaika Arora has launched her lifestyle accessories brand, Maejoy, in collaboration with Exceed Entertainment and Myntra Jabong. The brand debuts with over 250 styles, including handbags and lab-grown diamond jewelry, aiming to offer accessible yet elevated fashion inspired by global trends.
Smaller Indian cities lead Women’s Day online shopping boom
Women's Day online shopping saw a significant surge from smaller Indian cities. Tier-3 cities led the charge, outperforming metros. This trend boosted overall order volumes and gross merchandise value. Women also contributed more to spending in categories like beauty and fashion. Brands are adapting with personalized strategies. This shift highlights the growing digital retail reach across India.
Delhi's Khan market sees 8% rental growth of retail space last year, 14% rise at Gurugram's Galleria market: Cushman
Retail rents in Delhi-NCR's prime high streets saw significant growth in 2025. Khan Market, India's most expensive, experienced an 8% rise. Other locations like Connaught Place and Galleria Market also reported increases. This surge is driven by retailers seeking high-visibility spots with consistent footfall. Demand from food and beverage and fashion brands is a key factor.
Northeast India’s textiles are trending, but designers say fashion must respect culture behind the weaves
Craft entrepreneurs and designers from Northeast India are raising concerns about the appropriation of their traditional textiles by mainstream brands. Incidents of misrepresentation and lack of proper attribution highlight the need for meaningful engagement with artisan communities.
Reliance Retail recalibrates fashion play to tap Gen Z demand
Azorte and other in-house brands sit at the centre of a strategy built on quicker turnarounds and trend-led assortments.