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Nifty, Sensex May Move Sideways - Weekly Closing Report

In a turnaround on Friday, the Sensex snapped its three-day losing streak, propelled by a buy on dips approach and positive global cues. Earlier in the week, Indian benchmark indices fell sharply, primarily influenced by HDFC Bank s lack lustre quarterly results. On Wednesday, Sensex plummeted 1,628 points, while NSE Nifty plunged 460 points or 2.09% to close at 21,572. This was the the most significant percentage drop in the last 18 months. ....

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Stock Market Live Updates: Indian indices under pressure as Sensex and Nifty continue downward trend

Stock Market Live Updates: Indian indices under pressure as Sensex and Nifty continue downward trend
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Ajmera Realty, Rustomjee JV to undertake Rs 760-cr redevelopment project in Mumbai's Bandra

Property developers Ajmera Realty & Keystone Realtors form Ajmera Luxe Realty, a joint venture for a Rs 760 crore luxury residential redevelopment project in Mumbai s Bandra West. The companies share a 50% stake in the venture, aiming to elevate aging housing societies and contribute to the city s urban rejuvenation. With a focus on low-capex acquisitions, Ajmera Realty plans for fivefold growth, aligning with the government s initiatives to boost redevelopment in Maharashtra. Despite challenges, Mumbai s property market achieves record highs in 2023, driven by luxury and mid-income segments. ....

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Keystone Realtors to acquire 50% equity holding in Ajmera Luxe Realty, ET RealEstate

Keystone Realtors: Cost of acquisition is Rs. 50,000. Net worth of Ajmera Luxe Realty as on March 31, 2023 was Rs. 92,000. ....

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