Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
'Defence and aerospace show huge potential thanks to the government's Make in India push.'
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Housing sector to benefit from Budget.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Discounts could be luring but onus of due diligence is always on buyer
Markets ended weak tracking the expiry of April derivative contracts.
Though the developments are positive, analysts say the benefits will accrue only in the long run
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
'She adds value to life in many commendable ways. Apart from her many contributions to our consumer products business and Godrej Properties, she dedicates her energies and resources to charity, to philanthropic causes and most of all how she has managed her time as a wife, mother and entrepreneur brilliantly,' says Adi Godrej.
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Markets ended lower on profit taking ahead of June F&O expiry.
According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points
Bombay Stock Exchange Sensex closed 30 points lower at 21,140 levels.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
Participants are keenly waiting for the January IIP.
Tata Housing, Bharti Realty have announced projects near Delhi.
These four entrepreneurs are motivated by a passion to make a difference in the society.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The new law would boost home buyer confidence as well as investment in the realty sector.
According to Knight Frank, in the second half of 2015, launches will be down 52 per cent (from 37,643 in the second half of 2014) to 18,000, while absorption will improve 24 per cent.
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
The Sensex ended below 28,000 for the second straight day at 27,869.
Auto and realty shares were among the top Sensex gainers.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
Delayed project delivery and unrealistically high real estate prices, which developers are unwilling to lower despite piled up inventories, have adversely hit the sector.
Opt for an affordable house on a metro's periphery, invest and wait it out.
Launches of new homes reduced drastically this year.
About 5.5 million users are looking for real estate online in India
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