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The STOXX 600 index edged higher on Monday, aided by gains in financial stocks ahead of data on industrial ‌production, ⁠while investors ⁠geared up for fresh earnings releases later this week that ​could offer clues into the health of corporate Europe.
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Euro zone bond yields reached their lowest point since early December, extending a six-day decline as markets anticipate key economic data. German 10-year yields eased, marking their longest winning streak since late November. Traders are closely monitoring upcoming inflation and PMI figures, which could influence European Central Bank monetary policy expectations.
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South Delhi’s luxury independent floors saw an average annual price surge of 22-34% last year due to robust demand and limited supply. Category-A colonies experienced a 25-34% rise, with a 2500 sq ft floor now costing Rs 14-25 crore. Category-B colonies also witnessed a 22-26% increase in property values.
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Realty firm Arkade Developers Ltd on Monday said it is expecting a revenue of around Rs 700 crore from a redevelopment project in Mumbai.
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Fortis Healthcare reported a 19% revenue growth in its hospital business, driven by acquisitions and brownfield expansions. The company anticipates reaching 70% occupancy within a year and is on track for margin expansion, with hospital EBITDA expected to reach 24-25%.
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