Vodafone Q4 Results: Vodafone Idea reported a net profit of Rs 51,970 crore for Q4 FY26, boosted by a one-time accounting gain from AGR reassessment. Revenue rose 3% to Rs 11,332 crore, with ARPU reaching Rs 190, the highest in the industry. The company also saw its 4G/5G subscriber base grow and launched 5G services in 83 cities.
Delhivery reported a marginal 0.2% year-on-year decline in net profit for Q4FY26 to Rs 72.4 crore, despite a 30% revenue jump to Rs 2,850 crore. The company saw significant growth in express parcel volumes and introduced AI-powered systems. For FY26, Delhivery turned free cash flow positive and achieved a consolidated PAT of Rs 153 crore.
Nifty ended the week under sharp corrective pressure as selling dominated and volatility spiked. The index remains structurally weak below key moving averages, with support at 23,200–23,000 and resistance near 24,300–24,500. Elevated VIX, weakening momentum indicators and expanding Bollinger Bands signal a volatile, cautious week ahead for traders.
Under new CEO Greg Abel, Berkshire Hathaway significantly boosted its tech and airline holdings, tripling its Alphabet stake and buying over $2.6 billion in Delta Air Lines shares. This shift follows Todd Combs' departure and marks a departure from Warren Buffett's historical tech avoidance, with Abel now steering the conglomerate's investment strategy.
Veteran investor Vijay Kedia believes India's tourism sector holds the potential to become a trillion-dollar opportunity. He highlights the nation's immense diversity and scale as key strengths, but stresses that improving infrastructure, cleanliness, and tourist convenience are crucial for unlocking this potential. Focused execution on these basics could transform tourism into a major economic driver.
Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil prices, impacting global risk assets. Major altcoins also saw declines, with the global crypto market capitalization falling. Analysts suggest Bitcoin's pullback is macro-driven, with key resistance at $82,000-$82,500.
SpaceX shareholders have approved a five-for-one stock split. The company is preparing for a major stock market debut. SpaceX aims to list its shares on Nasdaq as early as June 12. This blockbuster IPO could be the largest in history. The rocket maker is expected to raise a significant amount of capital.
An experiment demonstrates how survivorship bias can create the illusion of market genius. By selectively sharing successful predictions and discarding failures, a perfect track record can be manufactured. This bias also influences equity investing, leading investors to chase multi-baggers without considering the underlying conditions that enable such gains.
MF Performance
Major Indices
