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India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]
The Indian real estate developers witnessed the rising profitability in FY25, but the cash flows came under pressure as the working capital requirements increased and the generation of the free cash flow (FCF) weakened, according to a profound analysis by Nuvama institutional shares. The study by Nuvama of 23 developers showed that industrial wide EBITDA […]
