Will Nifty get rid of Friday’s scar? Watch out for these 7 factors
Amid weak global cues and lack of any favourable domestic news, Sensex ended a three-week-long winning streak with a loss of around 1.5% with Friday leading the downside momentum. Analysts say that due to lack of new market catalysts and elevated valuations, upside in the short term may be limited. “Q1 GDP growth has moderated,…
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No Monday Blues! GDP numbers propels Sensex, Nifty to fresh all-time highs
Benchmark Nifty50 opened at a fresh record high for the fourth consecutive session on Monday, driven by gains in IT and financial stocks. This follows data showing that the country’s economic growth outperformed major economies despite a slowdown.The BSE Sensex was up 240 points, or 0.30%, trading at 82,598, while the Nifty50 rose by 75…
READ MOREHow Modi govt can turn India into a real estate powerhouse in Union Budget, brick by brick
India’s ambitious goal of becoming a developed nation by 2047 integrates a vision of economic growth, sustainable development goals, ease of living, ease of doing business, infrastructure, and social welfare. India’s real estate sector plays a significant role in India’s economy and contributes to the country’s Gross Domestic Product (GDP) through various channels contributing approximately…
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India Playbook 2024 – Final Budget 2025 to focus on affordable housing
The overall theme of the Interim Union Budget 2025 was being prudent and focusing on long term growth. The fiscal deficit for F2025 had been estimated at 5.1% as against 5.8% in F2024. There were no populist measures either, in fact the overall subsidy has been reduced by ~8%. The overall Capex spent by the…
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