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Euro zone government bond yields headed for a second straight weekly decline on ​Friday, in a week marked by speculation over the leadership of the European Central Bank and by rising geopolitical tensions between the U.S. and Iran.
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India’s markets rebounded from early losses, ending the session on a positive note. Broad-based buying supported gains, led by major industrial, energy, and consumer stocks. Public sector banks, auto, and FMCG sectors outperformed, while IT and select media stocks faced selling pressure. Market sentiment remained firm despite volatility.
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Shapoorji Pallonji Real Estate (SPRE), one of India’s most trusted real estate developers, has announced the launch of Oyster, a premium residential project within its expansive 4.8-acre development, Northern Lights, located on the prime Pokhran Road 2 in Thane.
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The Indian rupee experienced its steepest weekly fall in a month, nearing the 91-per-dollar mark due to portfolio outflows and geopolitical tensions. Central bank intervention helped stabilize the currency, while a strong dollar index, driven by U.S. economic data and Middle East tensions, also played a role.
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Indian dairy products maker Milky Mist will push ​ahead with its planned ​initial public offering this year despite volatile markets, its ​CEO said, adding the company expects to maintain about 30% annual revenue growth.
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