JioStar reported a significant net profit of Rs 3,210 crore for FY26, with operating revenue reaching Rs 31,048 crore. The entertainment arm also saw strong performance in the March 2026 quarter, with 810 million viewers on its TV channels and 500 million monthly active users on JioHotstar.
Avis Budget shares experienced a dramatic 70% plunge, following a massive surge, highlighting meme stock exuberance. This volatility significantly impacted the Dow Jones Transportation Average, a long-standing economic barometer, revealing limitations of its price-weighted structure compared to market-value-weighted indexes.
Promoters are showing increased confidence in several Nifty 500 companies. Their shareholding has risen in the March 2026 quarter compared to the December 2025 quarter. This trend suggests optimism about future company performance. Investors may find this a positive indicator. Companies like Godrej Properties and Adani Energy Solutions are among those with increased promoter stakes.
Reliance Retail Ventures Ltd posted modest profit growth as heavy investments in quick commerce impacted margins, despite strong revenue gains. Rapid expansion in hyperlocal delivery, FMCG and store network supported scale, positioning the company for long-term growth and deeper market penetration.
Mukesh Ambani said Jio Platforms IPO plans are advancing, marking a key milestone. Strong growth, rising ARPU and subscriber gains support valuation, with the listing expected to unlock value and become one of India’s largest offerings.
Intel’s shares surged over 24% after strong AI-driven demand for its CPUs led to better-than-expected results, even prompting sales of previously written-off chips. The rally lifted its market value past $416 billion and boosted peers like AMD and Arm, as optimism grows around CPUs regaining importance in AI workloads.
GIFT Nifty surged 110 points on hopes of renewed Iran-US peace talks, boosting sentiment after weak markets. Positive global cues could help Nifty 50 reclaim 24,000 despite recent declines driven by IT-led selling pressure.
Reliance Retail Q4 Results: Reliance Retail Ventures reported a steady Q4FY26, with net profit inching up 0.5% YoY to Rs 3,563 crore and revenue rising 11% to Rs 87,344 crore. EBITDA grew 3.1% to Rs 6,921 crore, while margins softened. Store count, customer base and hyper-local commerce volumes saw strong expansion during the quarter.
Sebi has approved IPOs for four firms spanning logistics, alternatives, real estate and manufacturing. Companies aim to tap rising demand across sectors, though competitive pressures, cyclicality and evolving investor preferences may shape their growth and market reception.
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