Summary. Investors should consider sectors like real estate, consumer staples, and technology that will benefit from lower interest rates.
Stock Market NewsFederal ReserveInterest RatesReal EstateConsumer StaplesReal Estate NewsAug 03, 2024
He said he needs to see more data to justify cutting rates.
The report revealed weakness across multiple dimensions, including fewer jobs added than expected and softer wage growth.
The economy is hardly in dire straits, with a 4.3% unemployment rate and GDP rising at an annual pace of 2.8% in the second quarter.
Sectors like real estate, consumer staples, and technology could benefit from lower interest rates.
Investors should consider opportunities that are now emerging and prepare for a lower-rate future, rather than panicking and selling their stocks.
Smartworks has successfully raised ₹168 crore (US $20.24 Mn) in its latest funding round this year, with investment from a consortium of investors including Keppel Ltd.
L&T Realty and Valor Estate are set to co-develop a massive project in Mumbai's Bandra-Kurla Complex, featuring premium housing, commercial spaces, and a luxury hotel.
Real estate consultant JLL facilitated the collaboration between CLSPL and BNMV Trust for a 10-year lease on a student living project in Mumbai’s Juhu area.
In a significant development for the real estate sector, Smita Dhanraj Patil from Pune has been elected as the National President of NAREDCO's Women's Wing MAHI. The event also featured two impactful panel discussions on Women in Real Estate and Sustainab
Real estate developer ATS Homekraft has successfully sold 400 plots near the upcoming Jewar airport, generating a revenue of Rs 1,200 crore. The plots are part of a larger 100-acre project, highlighting the company's strategic focus on high-growth areas.
Actor Mahesh Babu has received a summons from the Enforcement Directorate (ED) in a money laundering case involving real estate firms. Despite the notice, Mahesh Babu is not an accused in the case.