Indian market in consolidation mode; Consumption, retail banks to lead the next leg of growth: Sushant Bhansali

Indian shares remain stuck in a consolidation phase, but the next part of the growth could be activated by festive consumption, retailings and a rebound in company profits, said Sushant Bhansali, CEO of Ambit Asset Management, in an interaction with ET NOW. Bhansali noted that the current phase of Sideways Movement lasted almost a year […]

Housing starts with 8.5%in August: the confidence of the builder is decreasing in the midst of market challenges

Builders also sought fewer permits in August, with the seasonal annual annual rate of up to 1.312 million, a decrease of 3.7% compared to July and 11.1% per year. Both Single Family (856,000 units) and Multi-Family (403,000 units) reported decreases, including 11.5% and 10.5% annual decreases, respectively. “Building permits have now been at the lowest […]