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US Treasury yields plunged to multi-week lows as President Trump's threat of massive tariffs on Chinese imports spooked investors, driving them to safe havens. This escalation, fueled by accusations of China hindering rare earth trade, also triggered a stock market selloff. Meanwhile, Federal Reserve officials hinted at potential interest rate cuts, offering some market comfort.
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Realty firm Puravankara Ltd saw sales bookings rise to Rs 1,322 crore in the second quarter of this fiscal year. This marks a 4 percent increase compared to the same period last year. The company also reported growth for the April-September period. Demand for residential properties is showing strength.
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Lodha Developers reported a 7% rise in sales bookings to Rs 4,570 crore for the second quarter of FY26, driven by improved housing demand. Despite fewer launches, the company is confident in meeting its Rs 21,000 crore annual sales target, with significant new projects planned for the latter half of the fiscal year.
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