Kotak Mahindra Bank’s shares plummeted 4%, hitting a new 52-week low of Rs 1,561 following Joint MD KVS Manian’s resignation. Nuvama downgraded the stock from buy to reduce. Earlier, RBI restrictions caused a 10% decline last week.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove