Page 49 - Macrotech Developers News Today

The RBI's monetary policy committee (MPC) left the repo rate at 6.50% for a second straight meeting

Analysts says property sales have maintained momentum. The transaction value of property has risen over the year, leading to higher revenue for the government

The Executive Committee of the Board of Directors of Macrotech Developers Limited has allotted 48,18,05,547 equity shares of ₹10/- each as fully paid-up bonus equity shares, in the ratio of 1:1.

Mahindra Lifespace Developers has formed long bullish candlestick pattern on the daily timeframe with robust volumes and making higher tops, higher bottoms for second straight session. The stock climbed 8.3 percent to Rs 440, the highest closing level since October 12 last year.

Trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

Christopher Wood, global head of equity strategy at Jefferies has rejigged his equity portfolios. In his Asia ex-Japan long-only portfolio, he has added Axis Bank (5 per cent weightage) and increased holding in Larsen & Toubro (L&T) by one percentage point. This, Wood said, will be paid for by removing the investment in ICICI Lombard General Insurance and reducing the investments in HDFC Bank and Reliance Industries (RIL) by one percentage point each.

The BSE Sensex rose over 600 points while the NSE barometer Nifty hit an above-18,500 level. At 2:58 pm, the 30-pack Sensex was up 608 points or 0.98 per cent at 62,481. The NSE benchmark jumped 182 points or 0.97 per cent at 18,502.

Wood has also increased his overweight position in Indian, Korean and Taiwanese stocks by 100 bps in his Asia-Pacific ex-Japan portfolio

With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Macrotech Developers (Lodha Group) is at the second position.

GROHE-HURUN India Real Estate Rich List 2023 was released on Tuesday that ranks 100 individuals from 67 companies and 16 cities