News Overview

FPIs were marginal net sellers of $39 Million last week, on the back of oil price spike.

Latest RBI survey shows a revival in consumer confidence amid lower inflation expectations and steady growth.

Sectoral rankings in March 2024 show realty, PSU banks, and automobiles leading sectoral returns.

Prior to its introduction, the Japanese electronics behemoth revealed the PlayStation 5 Slim's pricing in India: ₹44,990 for the Digital Edition and ₹54,990 for the Disc version.

10.37 times as many people subscribed to the non-institutional investor category as to the retail individual investor (RII) segment, which received 2.54 times as many subscribers. 46.57 subscriptions were obtained by the QIB category.

However, commentary on economic growth with GDP expansion pegged at 7% for the current fiscal is reassuring since that means credit expansion will continue its momentum and that bodes well for lenders like us.

This careful stance reflects concerns over potential inflationary pressures arising from volatile food prices, recent upticks in oil prices, and robust economic growth.

This measure not only instills confidence within the BFSI sector but also clears the path for strategic investments and fosters sustainable growth.

In terms of sectors, banking, FMCG, and realty indices rose by 0.5-1.5%, while the Information Technology and Media sectors declined by 0.4% each.

In FY24, Puravankara recorded a 90% year-on-year increase in sales, reaching ₹5,914 Crore. Sales for the quarter ending March rose by 93% year-on-year to ₹1,947 Crore.