Latest Updates Around The World
Shares of Bengaluru-exposed real estate developers including Prestige Estates Projects, Oberoi Realty and Brigade Enterprises, and other real estate stocks fell as much as 4% on Friday, dragging the sector index down over 2%, as investors flagged emerging risks of potential AI-led disruptions in the technology sector.The sell-off reflects concerns that weaker prospects for the […]
Australian shares ended a choppy session marginally lower on Wednesday as gains in the mining sector failed to offset broader losses, fueled by caution over the prospects for longer yields and the upcoming US interest rate decision. The S&P/ASX 200 index fell 0.08% to 8,579.40 points. Yields closed 0.5% lower on Tuesday after the Reserve […]
Japan’s Nikkei stock average rose on Monday, supported by a pause in the yen’s recent strength and a recovery in real estate stocks, but slowed by sharp declines in heavyweight SoftBank Group.While market expectations are rising for a Bank of Japan rate hike next week, traders are reversing some of last week’s big moves that […]
Lodha Developers has registered pre-sales of Rs 4,570 crore for the quarter ended September, up 7% from a year ago, marking its highest ever performance in the second quarter. The listed company’s net profit rose 87% to Rs 790 crore, while profit margin increased to 20.4% from 15.8% a year ago. Operating income rose 45% […]
