Shares of real estate companies like DLF, Macrotech, and Oberoi Realty rallied up to 2% on Wednesday after it was reported that the Finance Minister will amend the long-term capital gains tax (LTCG) rules proposed in the Budget. Buying action was seen in almost all real estate stocks with the Nifty Realty index rallying around … Read more
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
Shares of rate-sensitive sectors like banking, finance, auto, and real estate fell as much as 8% after the Reserve Bank of India’s (RBI) policy decision. The RBI on Thursday left the repo rate unchanged at 6.50% following the conclusion of its three-day monetary policy meeting. This is the sixth consecutive time the central bank has … Read more
Shares of Sobha jumped over 28% this week scaling a fresh 52-week high of Rs 1,343.35 in the process. Over the five trading sessions, the stock witnessed declines on two occasions as investors booked profit following strong upticks. On Friday, Sobha shares closed at Rs 1,269 on the NSE, down by Rs 26.25 2.03%. A … Read more
