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Strong Initial Nifty, Sensex Rally Meet with Selling - Weekly Closing Report

As the final market day of FY23-24 concluded, Indian markets experienced one of their best years, with the Nifty ranking among the top-performing markets in Asia, yielding nearly 29% USD return (second only to Japan). Conversely, China and Hong Kong faced significant underperformance.
United States Hong Kong Andhra Pradesh Uttar Pradesh West Bengal Krishana Phoschem

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Sales of crore + homes zoom in India's big cities

Demand was strong in the pricier segments too, with sales of around 12,000 luxury apartments costing ₹4 crore and above last year. DLF, Indias largest developer, accounted for about one-fourth of these sales. The real estate company recently sold 1,113 luxury houses, priced at about ₹6 crore each, within 72 hours of launch at a new project in Gurugram, said Aakash Ohri, joint managing director and chief business officer at DLF Home Developers.
Home Developers Aakash Ohri Central Delhi Residential Units Housing Sales Crore Homes

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