Budget 2026: Real estate shares fall up to 10% due to budget failure; REITs rise to 3%

Real estate stocks fell 10% intraday, continuing their lackluster pre-budget show, likely disappointed by the lack of any big-ticket announcement for the sector. The Nifty Realty index fell 4.6% with nine scrips in the 10-share index trading in the red after the Budget 2026 speech.The biggest intraday losers included Lodha Developers and Prestige Estates Projects, […]

Defence, consumption and BFSI offer strong multi-year visibility: Pankaj Pandey

According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]

FIIs go back to India after 12 months of absence, says HSBC; Chooses 11 shares

Only one day after HSBC has upgraded Indian shares to ‘overweight’ of ‘neutral’ after attractive valuations, supporting government policy and resilient domestic streams, the broker has now said that foreign institutional investors (FIIs) will probably make a comeback after a long -term absence of 12 months. To take advantage of this trend, HSBC has mentioned […]