India This Decade

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🏗️ Realty Sector Rebounds 🏘️ Real estate stocks like DLF, Oberoi Realty, and Sobha witnessed a sharp rally, fueled by strong housing demand, declining inventory levels, and improving affordability. 🔑

🏦 RBI Keeps Rates Unchanged ⚖️ The Reserve Bank of India (RBI) maintained the repo rate at 6.5% in its March policy review, prioritizing inflation management while supporting economic growth. 🏛️

🌐 Rupee Strengthens Against Dollar 💰 The Indian rupee appreciated to a 9-month high of ₹79.50 against the US dollar on March 2, supported by robust FII inflows and a narrowing trade deficit. 📈

💹 IPO Frenzy Continues 🚀 The Indian IPO market remained vibrant, with several successful public issues like Juniper Hotels and Radiant Cash Management Services, reflecting investor appetite. 🧑💼

🏗️ Infra & Construction Boom 🚧 Infrastructure and construction stocks like L&T, Ultratech Cement, and Dalmia Bharat rallied on the back of the government's increased focus on infra-spending. 🇮🇳

🛢️ Oil & Gas Sector Shines ⛽ Buoyed by high energy prices, Indian oil & gas companies like ONGC, BPCL, and Reliance posted strong Q3 earnings, boosting investor confidence in the sector. 🔥

📈 Sensex Crosses 63,000 Mark 🇮🇳 The BSE Sensex breached the 63,000 level for the first time on March 3, driven by strong corporate earnings and positive global cues. The index closed at a record high of 63,284. 📊

🏦 Bank Nifty Hits Fresh Peak 💹 The Bank Nifty index, tracking leading banking stocks, scaled a new all-time high of 46,789 on Feb 22. This rally was driven by strong Q3 results and a positive outlook for the sector. 🏛️

💰 FII Inflows Surge in February 🌍 Foreign institutional investors (FIIs) turned net buyers in Indian equities in Feb '24, pumping in a massive ₹35,892 crore. This marks a significant reversal from the ₹28,852 crore outflow in Jan '24.🗽