Market expert Neeraj Dewan notes real estate improvements due to interest rates and RBI measures, though North India sees price consolidation impacting demand. He favors stocks like Max Estates and DLF. Dewan suggests PSU banks offer better investment opportunities than private banks due to their valuations, anticipating positive surprises in the banking and NBFC sectors.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India