Why invest in Real Estate in India

Among the sectoral indices, Auto, IT, PSU bank, fin service, metal, and media were the top losers. Pharma, Energy, and FMCG were the top gainers. The Indian equity indices closed in the red on Wednesday amid profit booking in the broader market. At closing, Sensex was at 79,924, down 426 points or 0.53 per cent, and Nifty was at 24,324, down 108 points or 0.45 per cent.

The Nifty smallcap 100 index fell 167 points or 0.88 per cent, at 18,789 while the Nifty midcap 100 index closed at 56,921, down 156 points or 0.27 per cent. According to experts, "the Indian market experienced profit booking ahead of the upcoming earnings season. The expectations are muted given moderation in sales growth due to slowdown in the world economy and consolidation in margins driven by high inflation". 

The Nifty smallcap 100 index fell 167 points or 0.88 per cent, at 18,789 while the Nifty midcap 100 index closed at 56,921, down 156 points or 0.27 per cent. According to experts, "the Indian market experienced profit booking ahead of the upcoming earnings season. The expectations are muted given moderation in sales growth due to slowdown in the world economy and consolidation in margins driven by high inflation".