Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Realty shares jumped after declining in the past two trading sessions.
At 11:25 IST, the barometer index, the S&P BSE Sensex advanced 213.70 points or 0.28% to 75,533.38 The Nifty 50 index added 69.45 points or 0.29% to 23,719.40.
The broader market outperformed the frontline indices. The BSE 150 MidCap Index rose 0.99% and the BSE 250 SmallCap Index jumped 1.25%.
The market breadth was negative. On the BSE, 2,641 shares rose and 1,142 shares fell. A total of 227 shares were unchanged.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 96.2750 compared with its close of 96.2000 during the previous trading session. It also touched an all-time intraday low of 96.3850 in early trade.
In the commodities market, Brent crude for July 2026 settlement declined $1.75 or 1.56% to $110.35 a barrel.
Fuel Hike
Fuel prices were increased again on Tuesday, with petrol and diesel rates rising by up to 90 paise per liter across major cities, marking the second hike in less than a week. The latest revision follows a sharp Rs 3 per liter increase announced on Friday.
In Delhi, petrol prices rose by 87 paise to Rs 98.64 per litre from Rs 97.77, while diesel prices increased by 91 paise to Rs 91.58 per litre from Rs 90.67.
In Mumbai, petrol prices climbed 91 paise to Rs 107.59 per liter, while diesel rose 94 paise to Rs 94.08 per liter.
Kolkata recorded the sharpest increase in petrol prices, which surged 96 paise to Rs 109.70 per liter. Diesel prices in the city advanced 94 paise to Rs 96.07 per liter. In Chennai, petrol prices increased by 82 paise to Rs 104.49 per litre, while diesel prices moved up 86 paise to Rs 96.11 per litre.
Buzzing Index:
The Nifty Realty Index rallied 1.99% to 766.95. The index declined 2.36% in past two consecutive trading sessions.
Aditya Birla Real Estate (up 3.19%), Prestige Estates Projects (up 3.12%), Lodha Developers (up 3.06%), Godrej Properties (up 2.99%), Anant Raj (up 2.2%), Sobha (up 1.58%), DLF (up 1.36%), Phoenix Mills (up 1.02%), Oberoi Realty (up 0.46%) and Brigade Enterprises (up 0.08%) surged.
Stocks in Spotlight:
Indian Oil Corporation (IOCL) added 2.96% after the company’s standalone net profit surged 56.61% to Rs 11,377.51 crore in Q4 FY26 compared with Rs 7,264.85 crore in Q4 FY25. Revenue from operations (excluding excise duty) rose 6.62% YoY to Rs 2,07,883.23 crore in Q4 FY26 as against Rs 1,94,967.02 crore reported in Q4 FY25.
Timken India advanced 1.57%. The company has reported 16.8% fall in consolidated net profit to Rs 158.31 crore despite a 14.5% increase in revenue to Rs 1,089.83 crore in Q4 FY26 as compared with Q4 FY25.
Global Market:
Asia markets traded mixed on Tuesday as oil prices, while elevated, eased slightly following news that President Donald Trump was postponing a scheduled attack on Iran.
Trump said in a social media post that U.S. military leaders were informed to call off a 'scheduled attack of Iran tomorrow” after requests from the leaders of Qatar, Saudi Arabia and the United Arab Emirates.
'A Deal will be made, which will be very acceptable to the United States of America, as well as all Countries in the Middle East, and beyond. This Deal will include, importantly, NO NUCLEAR WEAPONS FOR IRAN!,” Trump added.
However, Trump cautioned that he has informed his military leaders 'to be prepared to go forward with a full, large scale assault of Iran, on a moment’s notice, in the event that an acceptable Deal is not reached.”
Despite the fragile ceasefire between the U.S. and Iran, the vital Strait of Hormuz remains closed by Tehran, while the U.S. continues to blockade Iranian ports.
On the data front, investors assessed Japan’s first-quarter GDP data, which showed the economy grew at an annualized 2.1% in the first three months of the year. The growth was sharply higher than the widely reported average estimate of 1.7%, and against the 1.3% in the previous quarter. These figures do not capture the full impact of the Iran war, which started at the end of February.
A summit meeting between Japan’s Prime Minister Sanae Takaichi and South Korea’s President Lee Jae Myung later today will also be in focus.
Overnight on Wall Street, the \Nasdaq Composite and the S&P 500 fell on Monday, bogged down by declines in technology, as traders monitored oil prices and bond yields while awaiting further developments with the conflict in the Middle East.
The broad market benchmark dropped 0.07% to end at 7,403.05, while the tech-heavy Nasdaq slid 0.51% and closed at 26,090.73. It was the second straight day of declines for both indexes. The Dow Jones Industrial Average closed up 159.95 points, or 0.32%, at 49,686.12.
For the full year,net loss reported to Rs 103.22 crore in the year ended March 2026 as against net loss of Rs 161.28 crore during the previous year ended March 2025. Sales declined 66.45% to Rs 403.77 crore in the year ended March 2026 as against Rs 1203.37 crore during the previous year ended March 2025.
India’s residential real estate sector remained resilient during FY26, aided by stable macroeconomic fundamentals, rising urban incomes, and consistent end-user demand. Against this backdrop, Birla Estates focused on design differentiation and execution excellence to sustain its growth momentum.
NCR emerged as the leading contributor to overall bookings, driven by strong demand for both newly launched and ongoing projects. Birla Arika (Phase 2) in Gurugram recorded bookings exceeding Rs 1,600 crore, with nearly all units sold within a month of launch. Similarly, Birla Pravaah in Gurugram achieved bookings of around Rs 1,851 crore, with all 492 units sold within 24 hours.
Bengaluru also witnessed strong traction, supported by the launch of Phase 4 of Birla Trimaya, which generated bookings of approximately Rs 649 crore. Birla Evara, a premium project in Sarjapur, recorded booking values of over Rs 1,044 crore, further highlighting strong demand in the market.
Pune emerged as a high-growth market for the company, driven by robust absorption in newly launched projects such as Birla Evam and Birla Punya.
In the Mumbai Metropolitan Region, the company pursued an expansion-led strategy alongside healthy demand across its projects. It marked its entry into the redevelopment segment with a project in Khar West, Mumbai, which has an estimated revenue potential of Rs 1,700 crore. The company also launched Birla Taranya in the Thane micro-market, recording bookings of around Rs 952 crore with approximately 627 units sold. In addition, it entered the plotted development segment with the launch of Birla Mrida in Boisar.
During the year, Birla Estates strengthened its brand through strategic partnerships and recognitions. The company partnered with Gujarat Titans as the principal sponsor for the Indian Premier League 2026 season. It was also recognised among ET Now’s Best Organisations for Women 2026 and received the ‘Sword of Honour’ from the British Safety Council. Additionally, it was named a sector leader in the 2025 GRESB Real Estate Assessment for its sustainability performance.
KT Jithendran, MD & CEO Birla Estates said, ''FY2026 reflects the strength of our growth strategy, anchored in thoughtfully-designed development and disciplined capital allocation. Our performance has been driven by strong demand for differentiated, premium offerings, particularly in NCR and Bengaluru. As we look ahead, we remain focused on deepening our presence in key markets, accelerating launches, and delivering high-quality living experiences. '
The company said it remains well-positioned to capitalise on sustained demand and evolving consumer preferences in India’s residential real estate market.
Aditya Birla Real Estate (formerly known as Century Textiles and Industries) was established in 1897. It has a presence in the cotton textiles, pulp & paper, and real estate sectors.
The company reported a consolidated net loss of Rs 72.85 crore in Q3 FY26, compared with a net loss of Rs 40.59 crore in Q3 FY25. Total income declined 56.70% year-on-year (YoY) to Rs 90.33 crore for the quarter ended 31 December 2025.
The scrip shed 0.63% to Rs 1,412 on the BSE.
This represents over 85% of the total booking value of the launched inventory for the phase, with around 460 units sold, reflecting sustained homebuyer interest in the development.
With this, the cumulative booking value across all launched phases of Birla Trimaya stands at approximately Rs 2,459 crore.
Birla Trimaya is a premium township offering, featuring 1 to 4 BHK residences. The township is spread across a 52-acre development in Devanahalli, North Bengaluru.
Devanahalli continues to emerge as one of Bengaluru's fastest-growing residential corridors, driven by its proximity to Kempegowda International Airport. Strong connectivity via NH-44, Hebbal, and the Outer Ring Road, along with ongoing infrastructure upgrades and expansion of IT and employment hubs in North Bengaluru, is steadily driving residential demand beyond the city's traditional core.
The company further said that Birla Trimaya has consistently witnessed strong buyer traction across its previous launches. The Phase-I was completely sold out within 36 hours, clocking bookings of approximately Rs 500 crore. Phase-II achieved nearly Rs 600 crore in bookings within 24 hours, while Phase III recorded around Rs 500 crore in bookings within the first 24 hours of launch.
KT Jithendran, MD & CEO Birla Estates said: 'The robust response to Birla Trimaya Phase-4 reflects the increasing maturity of homebuyer demand in North Bengaluru, with buyers prioritising well-planned developments that offer both quality of life and long-term value.'
The scrip had gained 0.33% to end at Rs 1364.75 on the BSE on Monday.
TBO Tek Ltd, Cholamandalam Financial Holdings Ltd, UTI Asset Management Company Ltd, Pine Labs Ltd are among the other stocks to see a surge in volumes on NSE today, 08 April 2026.
Aditya Birla Real Estate Ltd registered volume of 24.07 lakh shares by 14:09 IST on NSE, a 9.83 fold spurt over two-week average daily volume of 2.45 lakh shares. The stock rose 6.80% to Rs.1,263.70. Volumes stood at 1.27 lakh shares in the last session.
TBO Tek Ltd registered volume of 10.56 lakh shares by 14:09 IST on NSE, a 8.36 fold spurt over two-week average daily volume of 1.26 lakh shares. The stock rose 8.48% to Rs.1,174.50. Volumes stood at 45999 shares in the last session.
Cholamandalam Financial Holdings Ltd saw volume of 18.58 lakh shares by 14:09 IST on NSE, a 7.67 fold spurt over two-week average daily volume of 2.42 lakh shares. The stock increased 14.51% to Rs.1,599.30. Volumes stood at 3.7 lakh shares in the last session.
UTI Asset Management Company Ltd clocked volume of 7.54 lakh shares by 14:09 IST on NSE, a 6.59 times surge over two-week average daily volume of 1.14 lakh shares. The stock gained 3.42% to Rs.963.60. Volumes stood at 82754 shares in the last session.
Pine Labs Ltd registered volume of 121.84 lakh shares by 14:09 IST on NSE, a 6.45 fold spurt over two-week average daily volume of 18.90 lakh shares. The stock rose 16.35% to Rs.182.18. Volumes stood at 41.04 lakh shares in the last session.
The project located in Sector 31, benefits from seamless connectivity to key commercial hubs such as Cyber City, Golf Course Road, and Udyog Vihar, while also enjoying proximity to well-established social infrastructure, including reputed educational institutions, healthcare facilities, and retail destinations. Its central location and mature ecosystem continue to position it as a preferred residential address within the NCR region.
The company added that the earlier phase of Birla Arika also witnessed strong demand, with Phase I recording sales of around Rs 3,000 crore.
K.T. Jithendran, MD & CEO, Birla Estates, stated, “Bir/a Arika has been conceptualised with a clear focus on design-led differentiation - from low-density planning and expansive green spaces to thoughtfully curated lifestyle amenities. The strong response to Phase 2 reinforces our belief that today's luxury homebuyers are seeking not just scale, but superior everyday living experiences. This success reflects our commitment to creating distinctive, high-quality developments that stand apart in a competitive market. '
The counter rose 0.17% to settle at Rs 1,182 on the BSE.
Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate (ABREL), has achieved bookings exceeding Rs 1,600 crore for its luxury project, Birla Arika Phase 2 in Sector 31, Gurugram. Nearly 97% of the residences-152 of 156 units-were sold within a month of launch, underlining strong buyer confidence in the brand's luxury developments in Gurugram.
Birla Arika is a luxury residential development strategically located in Central Gurugram, one of the city's most established and well-connected residential micro-markets. The strong performance of Phase 2 reflects a broader shift in buyer preferences toward spacious residences, expansive landscaped areas, and thoughtfully curated lifestyle amenities aligned with evolving urban living aspirations. Envisioned as a low-density community, the project features four exclusive clubs, each offering distinct and immersive lifestyle experiences tailored to diverse resident needs.