• Reliance brokerage outlook: Brokerages maintained their buy ratings post-AGM, highlighting new energy business contributions starting FY27, strong EBITDA growth from Jio, and a 4x revenue target of ₹1 lakh crore for Reliance Retail by FY30.
• Aavas Financiers probe: The National Housing Bank is investigating the company over alleged loan reclassification irregularities and has reportedly recalled nearly ₹500 crore in refinancing support, though Aavas stated the inspection is routine with no directive to repay.
• Aavas management changes: Following requests from majority shareholder CVC Capital Partners, the company appointed Ghanshyam Gupta as interim CFO and Puneet Purushottam Agarwal as interim CRO.
• China interest rates: The People's Bank of China left its key lending benchmark rates unchanged for the 13th consecutive month, holding the one-year loan prime rate at 3% and the five-year rate at 3.5%.