Realty stocks jumped up to 7.2% on Friday after the rate-setting committee of the Reserve Bank of India (RBI) left the repo rate unchanged for the seventh time in a row. Mahindra Lifespace Developers gained the most in the Nifty Realty index. The other top gainers were Godrej Properties, Oberoi Realty, DLF, Brigade Enterprises, Macrotech … Read more
The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more
Nifty futures on the Singapore Exchange traded 86.5 points, or 0.48 per cent higher at 18,289.5, signaling that Dalal Street was headed for a positive start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: Coal India, Divis Labs, BPCL: Coal India, Divi’s Laboratories, Bharat Petroleum, One97 Communication, , … Read more
The Development of Enterprises and Services Hub Bill, 2022 (DESH Bill), which will replace the Special Economic Zones (SEZ) Act, will benefit real estate developers by decreasing vacancies by denotifying vacant spaces and leasing them to domestic enterprises, said real estate experts. Developers with sizeable SEZ portfolios such as DLF and Tata Realty are looking … Read more