In the real estate sector, Baliga feels that the premium housing market is nearing saturation, with rising inventory levels indicating demand fatigue. Instead, he sees better prospects in the affordable housing segment. Falling interest rates and expected rate cuts by the RBI will act as catalysts for this segment. He suggests looking at companies like Sobha, Puravankara, and Arihant Superstructures.
NEW DELHI: Power shares closed higher in the Tuesday’s session. GMR Power and Urban Infra Ltd.(up 6.18%), Transrail Lighting Ltd.(up…
NEW DELHI: Shares of Glenmark Pharma, Fischer Chemic, Datamatics Glob, Cupid Ltd and TN Telecom, hit their fresh 52-week highs…
NEW DELHI: HDB Financial Servic(Rs. 2663.18 crore), RIL(Rs. 1715.68 crore), HDFC Bank(Rs. 1680.34 crore), ICICI Bank(Rs. 1455.37 crore), Aster DM…
