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Mukesh Ambani’s Reliance Jio Platforms is in discussions with thirteen major foreign investors. These investors are considering selling down a portion of their stakes in Jio’s upcoming Mumbai listing. The company, a leader in telecoms and AI, is preparing to file for IPO approval soon. This move signals significant investor interest in Jio’s future growth and market potential.
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Bitcoin reclaimed the $70,000 mark, showing underlying strength, but faces vulnerability due to overhead supply and weak volume. While Ethereum also saw gains, its momentum lags, suggesting selective risk appetite. Broader markets remain cautious, with Bitcoin consolidating and influenced by geopolitical headlines and upcoming economic data.
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Barclays has cautiously raised its S&P 500 year-end 2026 target to 7,650, citing robust corporate earnings, particularly in tech, and U.S. economic resilience. Despite this optimism, geopolitical tensions, inflation concerns, and financial system stress are expected to fuel near-term market volatility.
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Gold and silver prices rebounded sharply on MCX after a two-day decline, supported by a weaker dollar and easing oil prices. Silver surged over 5% while gold gained 4%. Analysts expect prices to stay firm, with dips likely to attract buying amid improving sentiment and evolving global macroeconomic conditions.
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Ranveer Singh’s ‘Dhurandhar: The Revenge’ is a box office sensation, crossing ₹800 crore and poised to significantly boost PVR Inox’s Q4 FY26 earnings. Analysts believe the film’s success offers a crucial revenue anchor for the multiplex operator, potentially salvaging a lukewarm quarter despite the stock’s recent dip and valuation concerns.
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