DLF Embraces Luxury as the Latest Market Trend: Live Updates on July 28, 2024

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Market News Today Live Updates: Stay Informed with the Latest Market Wrap-Up and Updates on Nifty 50 and Sensex Movements

The latest market news today brings a mix of updates on various aspects of the financial world. From DLF’s focus on luxury projects to Vinod Nair’s analysis of the market post-Budget 2024, there is a lot to catch up on.

DLF, one of India’s leading real estate developers, is gearing up for a luxurious season ahead. In FY25, DLF plans to launch projects in Gurugram, Mumbai, Goa, and Chandigarh Tri-city. The company aims to unveil its Goa project in Q2FY25, a super-luxury project in DLF Phase 5 in Q3FY25, and the Mumbai project in December 2025 or January 2026. This move signals DLF’s commitment to catering to the high-end market segment.

On the stock market front, Vinod Nair from Geojit Financial Services has deemed Budget 2024 as a non-event for the markets. He believes that the market will now shift its focus to align with the Q1FY25 results, which have been lackluster so far. This analysis sets the tone for investors and traders as they navigate through the current market scenario.

Additionally, Ganesh Dongre, Senior Manager – Technical Research at Anand Rathi, has recommended three stocks for Monday – Aditya Birla Capital, Wipro, and Tata Power. His bullish sentiment on these stocks reflects the overall optimism in the market, with individual stocks within the Nifty showing positive signs.

The market cap of top-valued firms has also seen a significant jump, with LIC and Infosys emerging as the biggest winners. LIC’s valuation surged by ₹44,907.49 crore, while Infosys added ₹35,665.92 crore to its market cap. This uptick in valuation highlights the strong performance of these companies in the current market environment.

Looking ahead, the stock market is set to witness key triggers such as Q1 results, US Fed policy decisions, and global cues. With Nifty eyeing the 25,100 mark this week, investors will closely monitor these developments to make informed decisions in the market.

Stay tuned to Mint’s live market blog for real-time updates on these and other market movements, keeping you informed on all things Dalal Street and global markets.