JioStar, the RIL-Disney joint venture, posted a Q1FY26 net profit of ₹581 crore and ₹9,601 crore revenue, driven by IPL’s record performance on TV and digital. Despite weak FMCG ad spends, strong sports and subscription income lifted earnings.
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
Asian equities rebounded, tracking US stock gains fueled by positive economic data, despite ongoing Iran war uncertainty. South Korea’s Kospi surged 11%, and the MSCI
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