Despite a flat Sensex close, nine BSE Commodities stocks hit 52-week highs on Tuesday, signaling bullish momentum driven by strong monthly gains across cement, fertilizer, and chemical sectors.
Schloss Bangalore, operator of The Leela Hotels, posted a Rs 9 crore Q1 profit versus a Rs 75 crore loss last year. Revenue rose 20% YoY to Rs 275 crore, with strong EBITDA growth and margin expansion driven by luxury demand and operational efficiency.
Motilal Oswal Alternates (MO Alternates), the alternative investments arm of Motilal Oswal Group, has raised over Rs 2,000 crores through final close of its sixth real estate fund marking the largest domestic capital raises in Indias real estate credit space.
Lodha Developers has raised over Rs 350 crore through an issue of non-convertible debentures (NCDs). The company approved the allotment of 35,000 rated, listed, senior, secured, redeemable, taxable, and transferable NCDs on Monday.
Joseph Lavorgna says tariffs are not inflationary. Economists predicted prices would rise due to President Trump's import duties. Alberto Cavallo tracks the price impact of tariffs. Fed economists showed tariffs on Chinese imports affected consumer prices. The Council of Economic Advisers found prices of imported goods had fallen. Fed officials are divided on the effect of tariffs.
