In the upcoming Amfi Semi-Annual Categorisation for the second half of 2024, seven stocks, including Hero MotoCorp and BHEL, are poised to move to the large-cap category from mid-cap. Stellar rallies have propelled their returns over the past year.
The hearing in the matter of the title dispute over Krishna Janmabhoomi and Shahi Eidgah at Mathura continues before the Allahabad high court. Get the latest updates on the legal proceedings.
Indian shares rose as central bank rates remained stable. Nifty and Sensex gained 0.8%. HDFC Bank performed well. Analysts expect a sideways market. US markets closed higher, while European stocks fell due to Fed comments. Nagaraj Shetty says "the near-term trend of Nifty remains positive and the ongoing range movement is suggesting the possibility of sharp swing movement on either side. Hence a range expansion could be watched around 22600 and 22300 levels on either side.
"Many prominent real estate firms, including from within India and abroad, have initiated their projects in Uttar Pradesh. It includes M3M India Private Limited, which is investing Rs 7,500 crore to develop residential, commercial, official, retail, and service apartments.
Uttar Pradesh is set to witness a boom in the real estate sector with the launch of projects worth over Rs 50,000 crore during the recently held fourth edition of groundbreaking ceremony (GBC@IV) and it will also see creation of a significant number of jobs for the youth in the state.
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