Mumbai property registrations in Might up 20% y-o-y

Round 11,800 properties had been registered in Mumbai in Might, rising by a fifth on 12 months and 1 per cent up sequentially, whereas stamp obligation income rose by over a fifth to greater than ₹1,000 crore, knowledge from the Maharashtra authorities’s web site confirmed. Within the first 5 months of 2024 greater than 60,600 … Read more

FPIs dump Indian equities in Might amid election uncertainty, favour China

Overseas Portfolio Buyers (FPIs) have turned aggressive sellers in Indian equities in Might 2024, largely spooked by the uncertainty over consequence of normal elections. They now favour the ‘Promote India, Purchase China’ commerce as a result of cheaper valuations in Chinese language and Hong Kong Markets, stated market consultants. FPIs have web bought Indian equities … Read more