Following the surprise hike in repo rate in May, home loan rates have already moved up from their all-time lows that have been helping key property markets surpass pre-Covid levels and witness record sales. With hardening interest rates, realtors will now have to provide offers to stimulate and maintain the momentum of demand.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.