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Street Signals: Technical charts point to further upside for Nifty
Indian stock markets are showing a positive outlook, with analysts predicting the Nifty could climb towards 24,300-24,600. Key support levels are identified around 23,700-23,900, encouraging investors to buy on dips. Several stocks, including Britannia Industries, Grasim Industries, Aditya Birla Capital, Premier Energies, Bharat Electronics, and Eternal, are highlighted as top picks for the week, with specific buy recommendations and targets.
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crore
Prestige Estates is significantly expanding its presence in Delhi-NCR, planning two new housing projects this fiscal year with an estimated revenue of Rs 6,800 crore. This follows a successful launch last year, which garnered substantial pre-sales. The company is bullish on the market, aiming for Rs 35,000-36,000 crore in sales bookings overall this fiscal, driven by strong customer demand for long-term real estate investments.
Tech Mahindra leases 4 lakh sq ft office space in Hyderabad
In a major real estate development, Tech Mahindra has secured 4 lakh sq ft of office space in Hyderabad with a 10-year lease, reinforcing the city's position as a tech hub. This decision reflects the vibrant demand for premium office spaces among technology firms. The company's investment highlights Hyderabad's attractiveness as a primary location for large corporations looking for seamless expansion and reliable long-term occupancy.
Affordable housing, rental expansion and RERA Reforms set to define next growth phase in India's urban region: Report
India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A KPMG report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial reforms to boost trust and efficiency in the real estate regulatory framework, ensuring project completion and buyer protection.
Hindalco appoints Kapil Agrawal as CEO (Designate) for copper business; Rohit Pathak to move to new role
Hindalco Industries has appointed Kapil Agrawal as CEO (Designate) – Copper with effect from November 1, 2026. He will take over as CEO of the Copper business from March 1, 2027, succeeding Rohit Pathak, who will transition to a new role within the Aditya Birla Group.
GenAI could deliver up to 50% higher sales velocity and faster launches for India’s real estate sector
Generative AI promises to revolutionize Indian real estate, boosting sales velocity by up to 50% and slashing project launch times by 30%. Experts predict significant cost reductions and a 2-3X increase in enterprise value. Early adopters can expect improved productivity and lower customer acquisition costs, making AI adoption a strategic imperative for future growth.
Deven Choksey prefers mid-tier IT, Mumbai luxury real estate
Deven Choksey, MD, DRChoksey Finserv, prefers mid-tier IT companies for their potential to deliver 15-20% growth over the next three years, outperforming larger peers. In real estate, he favours select luxury and ultra-luxury developers, especially Mumbai-focused players with stronger realisations and higher revenue per square foot. While he remains positive on the long-term prospects of EMS companies due to strong order inflows and expansion plans, he advises caution because of elevated valuations and recommends investing only in select companies with reasonable earnings multiples. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Puravankara gains after acquiring 9.73-acre land parcel in North Bengaluru
Shares of Puravankara rose 2.10% to Rs 219.25 after the real estate developer announced the acquisition of a 9.73-acre land parcel in North Bengaluru.
Here's why Godrej Properties, Lodha and shares of other Mumbai-based realtors could be under pressure
Barring Oberoi Realty, which is up 2% for the year, the shares of the other Mumbai-based realtors are down anywhere between 10.5% (Godrej Properties), to as much as 22% (Aditya Birla Real Estate). Shares of Keystone Realtors are down 26% year-to-date, while Mahindra Lifespaces shares are also down 13% for 2026 so far.
ABFRL's Sangeeta Tanwani steps down as Pantaloons CEO
Aditya Birla Fashion and Retail (ABFRL) said Sangeeta Tanwani has ceased to be whole-time director (WTD) and chief executive officer (CEO) of its Pantaloons business with effect from close of business hours on 31 July 2026.
Market trading guide: NDR Auto among 2 stock recommendations for Tuesday
Improved investor sentiment following the interim US-Iran peace agreement has supported equities as crude fell below $85, easing inflation concerns and improving the FY27 outlook. Analysts favour growth sectors such as autos, industrials, capital goods and real estate, while recommending NDR Auto and Divgi TorqTransfer on bullish technical setups.
DLF sells The Dahlias apartment to Madhusudan Kela for Rs 121 crore
DLF has sold a luxury apartment in The Dahlias for Rs 120.71 crore. This transaction sets a new benchmark for Gurgaon's real estate market. The project is driving DLF's sales, with significant revenue potential. Other high-value transactions have also occurred in Gurgaon, surpassing prime Mumbai and Lutyens Delhi prices.