Budget 2024: Nifty Realty tanks after removal of indexation benefits; DLF top loser

Budget 2024: Nifty Realty tanks after removal of indexation benefits; DLF top loser

The real estate sector was one of the worst performers on July 23, following the announcement in the Budget 2024 to remove indexation benefits associated with the sale of property. The Nifty Realty index fell nearly 2 percent, contrasting with a flat Nifty. During her budget speech, Finance Minister Nirmala Sitharaman announced a reduction in … Read more

April Market Review: Nifty 50 soars for 3rd straight month, gains 1.2%; metal index top performer

April Market Review: Nifty 50 soars for 3rd straight month, gains 1.2%; metal index top performer

Nifty 50, which represents the country’s top 50 blue-chip companies across various sectors, closed the final trading day (Tuesday) of April, touching a historic peak of 22,783 points, marking a 0.61% increase. This surpasses its previous record high of 22,725 points. Today’s achievement signifies the index reaching a new peak approximately six times throughout April, … Read more