Mumbai’s redevelopment wave promises thousands of new apartments, largely in the premium segment. While boosting revenues and reshaping the skyline, experts warn affordability is shrinking. Rising luxury supply risks overshadowing affordable housing, leaving middle-class buyers with limited choices.Read More

Nifty’s positive performance and surpassing resistance levels suggest a bullish market sentiment. Experts recommend buying stocks like IREDA, BEL, and Glenmark Pharma, citing positive trends and potential upsides.Read More

Several penny stocks, priced below Rs 5, have delivered substantial returns, transforming into multibaggers within a year. Bluegod Entertainment led the gains with a 226% surge, followed by Ramchandra Leasing & Finance at 189%. Landmarc Leisure, Avance Technologies and Excel Realty N Infra also saw significant growth, offering impressive returns to investors.Read More

Railway stocks surged on Monday, with some counters rallying up to 9% on heavy volumes. Ircon International led the gains, followed by RVNL, Titagarh Rail, Texmaco Rail, and IRFC, while IRCTC saw modest growth. The sector’s rally was driven by strong buying interest.Read More

Bitcoin rose 4.4% to $116,031 over the past week, driven by rate cut expectations and technical patterns. Analysts eye resistance near $117,500, with support around $115,000. Ethereum consolidates near $4,650, while Solana shows momentum. Fed guidance ahead may trigger further volatility in crypto markets.Read More

Jefferies initiates coverage on Indian spirits firms United Spirits, Radico Khaitan, and Allied Blenders with “Buy” ratings, citing premiumisation as a key growth driver. Radico is the top pick, while Allied is called a “dark horse” with potential for a turnaround.Read More

SEBI’s board didn’t announce changes to derivative contracts but plans to release a consultation paper soon. Potential tweaks, such as altering expiries or contract sizes, could impact exchange earnings, especially for BSE, according to a Nuvama report.Read More

Oyo’s unlisted shares have surged 26% in the past month amid IPO buzz, outperforming listed peers. This surge is attributed to robust Q1 earnings, potential bonus shares, and aggressive expansion. While analysts are divided on valuation, some anticipate continued revenue growth, supported by industry tailwinds, despite concerns about lower PAT margins compared to industry averages.Read More

Indian government bond yields edged higher, mirroring U.S. Treasury yields and oil price increases, as investors anticipate the Federal Reserve’s policy decision. Traders are cautiously awaiting commentary from Fed Chair Jerome Powell to assess the U.S. interest rate path. Market participants also await cues on the Reserve Bank of India’s rate easing trajectory for further...Read More

SEBI’s decision to classify REITs as ‘equity’ for mutual fund investments is a progressive step to broaden investor participation and strengthen the instrument. The move, hailed by the Indian REITs Association and top REIT officials, is expected to boost real estate investment and encourage more REIT listings in India.Read More