Mumbai s real estate is poised for a major transformation. Redevelopment projects are expected to create over 44,000 new homes by 2030. Western suburbs will lead this growth. The state government anticipates significant revenue from stamp duty and GST. Knight Frank emphasizes the need for financial discipline and clear agreements for sustainable redevelopment.

Motilal Oswal initiates coverage on Bajaj Housing Finance with a neutral rating. The brokerage anticipates moderate growth and subdued return ratios. Valuations appear stretched, trading significantly above the IPO price. AUM and profit are expected to rise, but at a slower pace. NIMs may face pressure. The financier has a granular loan book with good asset quality.

US inflation eased as September PPI came in below expectations, strengthening the case for a 50-bps rate cut by the Federal Reserve. Market expert Manish Singh says disinflationary trends, normalised supply chains, and slower US GDP growth may prompt the Fed to act next week.

Amidst U.S.-India trade uncertainties, Sundaram Mutual Fund s Sunil Subramaniam views Trump s tariff tactics as business maneuvers, not solely India-centric. He suggests India is a pawn in broader geopolitical plays, particularly concerning Russia and the EU. Despite initial FII selling, recent inflows and domestic portfolio shifts signal a positive market outlook.

Larry Ellison, the Oracle founder, briefly surpassed Elon Musk to become the world s richest person. This happened after Oracle shares surged, increasing the company s market value significantly. Oracle s rise is due to promising forecasts for its cloud infrastructure revenue. The company has also secured major deals in the artificial intelligence sector. This shift highlights the dynamic nature of wealth rankings.

Hindustan Aeronautics Ltd (HAL) shares surged following confirmation of progress in the LCA Tejas fighter jet engine procurement. The company is set to receive 12 GE-404 engines this fiscal year, keeping production on track.

Japanese government bond yields showed mixed trends. Traders are repositioning before the release of key US consumer price data. This data will influence the Federal Reserve s policy decisions. The Bank of Japan is expected to maintain its current policy. Investors are also watching the domestic political landscape. Wholesale inflation in Japan accelerated in August.

Forum Malls, part of Prestige Group, plans to open 14 new malls in Delhi, Mumbai, Bengaluru, Chennai and Hyderabad by 2029, nearly doubling its portfolio from 11 centres. CEO Muhammad Ali said metros offer stronger growth than tier-II cities. The company will also launch India’s first athleisure-focused mall near Bengaluru airport by 2027 to tap rising urban demand.

Kalpataru Projects International and its subsidiaries secured new orders. The orders are worth Rs 2,720 crore. These projects span Power Transmission & Distribution and Buildings & Factories. The company s total order intake for FY26 reached Rs 12,620 crore. This development promises significant future growth. Manish Mohnot, MD & CEO, expressed delight at the strong ordering momentum.

Bitcoin traded around $114,132 on Thursday. It consolidated between $104,000 and $114,000 after reaching a record high in mid-August. Experts suggest this range indicates a typical post-euphoria phase. Volatility is high, but long-term trends are uncertain. Ethereum traded at $4,405. The overall cryptocurrency market capitalization stood at around $3.96 trillion. Market shows resilience as the U.S. dollar softens.