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Sunteck Realty Ltd will launch two new ultra-luxury housing projects in Mumbai and Dubai by June next year with an estimated revenue of Rs 20,000 crore, a top company official has said.
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Indian markets extended losses as Nifty and Sensex closed lower. Key movers: Wockhardt surged, Vascon Engineers hit upper circuit, Reliance Power gained, Vodafone Idea rose, while Firstsource Solutions and Jindal Stainless declined.
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Benchmark Indian government bonds fell on Monday following an increase in the share of their issuance in New Delhi’s fiscal second half borrowing plan, with traders also turning cautious ahead of Wednesday’s central bank policy decision.
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Indian markets recorded their seventh consecutive loss, with Nifty and Sensex closing marginally down amidst mixed global cues. The rupee settled near its all-time low, while crude oil prices declined. An expert noted Nifty’s potential pause in its downtrend, anticipating continued volatility ahead of the F&O expiry.
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