Page 30 - Macrotech Developers News Today

AMFI to announce changes to market cap classification in January 2024; potential entrants include Polycab and Mazagon Dock.

She has purchased these apartments spread over a total of nearly 19,254 sq ft on the 24th and 25th floor of the super-luxury residential tower Lodha Malabar on Walkeshwar Road.

A luxury apartment in Mumbai has been sold for Rs 130.24 crore, reflecting the recent surge in the citys high-end residential market. The buyer, Asha Mukul Agarwal, also purchased two apartments for over Rs 132.75 crore. Mumbai has been witnessing record-setting transactions in its real estate market, with celebrities and high-net-worth individuals making significant purchases. Sales of luxury homes in Mumbai costing Rs 10 crore and above rose nearly 50% in the first half of 2023. The market is ...

These apartments are located in Lodha Malabar in Mumbais Malabar Hill, and have been bought from Macrotech Developers

She has purchased these apartments spread over a total of nearly 19,254 sq ft on the 24th and 25th floor of the super-luxury residential tower Lodha Malabar on Walkeshwar Road.

In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,677 crore led by HDFC Bank with a 40 block counts totalling to Rs 1,571 crore. The next in line were ICICI Bank (Rs 870 crore), Tube Investments of India (Rs 589 crore), Kotak Mahindra Bank (Rs 394 crore) and Reliance Industries (Rs 339 crore).

Investors expect the realty index to outperform other major indices in the second half of FY24 on the hopes of rate cuts ahead

Siddhartha Khemka, VP and Head of Research (Retail) at MOFSL, recommends JSW Steel and SAIL in the ferrous space, and Hindalco in the non-ferrous space. He suggests that Vedanta is best avoided due to its high volatility and debt concerns. In the real estate sector, Khemka favors Oberoi Realty and Macrotech Developers, noting strong demand for luxury properties. He also highlights Home First Finance and Canfin Homes as preferred housing finance companies, benefiting from the affordable housing s...

Rupak De, Senior Technical analyst at LKP Securities, said, "Nifty has experienced a significant correction as it was unable to maintain levels above 19,750. In the daily timeframe, the most recent candle has engulfed the bodies of the preceding few days candles, which suggests a negative sentiment. The prevailing sentiment continues to favor selling during rallies. Looking ahead, the Nifty may decline towards 19,250, with immediate support situated at 19,450. Resistance is positioned at th...

By ending at the flatline, Nifty on Monday formed a Doji candle suggesting indecisiveness between bulls and bears