As history is known to rhyme, if not repeat, stock market investors are eyeing a well-established pattern: a pre-earnings rally, a correction during the results period, and a subsequent rebound. Historical data suggests that Nifty has seen an upswing in the three to four weeks before Q4 earnings 70% of the time with a clear…
Ratings agency ICRA expects the rental income for retail mall operators to increase by 7-8% on-year growth in the current financial year 2024-25 and 8-9% in 2025-26, driven by healthy occupancy levels, growth in trading values and rental escalations.Across India’s top six cities, new supply of 9-9.5 million sq ft is expected in the current…
The National Payments Corporation of India (NPCI) has picked up an office space spread over more than 80,000 sq ft of carpet area, spanning two floors, in a commercial project in Mumbai’s western suburb Goregaon in a five-year lease.As per the agreement, NPCI will pay a monthly rental of Rs 2.15 crore. The lease includes…
MUMBAI: The residential sales across India’s top seven cities are expected to witness double digit growth in 2024-25. The area sold in Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, Hyderabad, Pune, Kolkata, Chennai is likely to increase 10-12% to 785-800 million sq ft in the current financial year, on a high base of…
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