Real Estate Mumbai
Indian Markets Rebound: PSU Banks and Realty Stocks Lead the Charge
After two consecutive sessions of decline, Indian equity benchmarks closed higher on Monday, driven by gains in public sector banks and real estate stocks.
Real Estate
Nifty Surges Above 25,300; Sensex Reaches 82,700: LIVE Stock Market Updates
The Nifty index has surged above the 25,300 mark, while the Sensex is up over 300 points, hitting the 82,700 mark. PSU bank stocks are performing well, with Bank of Maharashtra up 3%.
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Nifty Closes in the Green: IT Stocks Lead Gains, Auto Sector Sees Profit-Taking
The benchmark indices extended gains for a sixth straight session, supported by IT and PSU bank stocks, though the Nifty 50 failed to hold the 25,000 mark as auto names saw profit-taking.
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RBI Finalizes Easier Project Financing Guidelines: Impact on IREDA, PFC, REC, PSU Banks
The Reserve Bank of India (RBI) has finalized new project financing guidelines that are significantly easier than the draft proposals. This move is expected to have a positive impact on shares of IREDA, PFC, REC, and PSU banks. The new guidelines reduce the Provision Coverage Ratio (PCR) requirements and introduce a principle-based regime for stress resolution.
Real Estate
Market Outlook: Trump's Steel Tariffs, RBI Interest Rate Decision, Auto Sales, and FII Inflows
The Indian markets ended the last week of May on a subdued note amid concerns over U.S. tariffs and profit-booking. Only PSU Banks and Real Estate sectors showed gains, while others faced setbacks. The GDP growth for FY25 was 6.5%, slightly above expectations.
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EMIs to Drop as 5 PSU Banks Cut Lending Rates Following RBI Repo Rate Reduction
In response to the Reserve Bank of India's (RBI) recent reduction in the repo rate, five public sector unit (PSU) banks have slashed their lending rates. This move is expected to significantly lower EMIs for existing and new borrowers, providing much-needed relief during economic recovery.
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Companies Raise Record Rs 1.33 Trn through QIPs in FY25 amid Market Surge
The year witnessed significant participation from real estate, utilities, automobiles, metals, and PSU banks, contributing to the record-breaking Qualified Institutional Placement (QIP) amount of Rs 1.33 trillion.
Real Estate
Top-Performing Sectors in the Current Market: Real Estate, Auto, and Banking Lead the Way
Real estate, auto, and banking sectors are expected to do well in the current market, thanks to government reforms and a boost in consumption.