Realty developers will be forced to cut property prices by 20% after RBI rate hike

Dated:July 27,2011

Market Round-up
SENSEX 18432.25 -85.97
NIFTY 5546.80 -28.05
NASDAQ 2141.54 17.78
DJIA 10060.06 19.61
RS/$ 46.79 -0.14

NSE Gainers
Scrip Price(Rs.) %Change
Panasonic Home Appliances
161.50 + 20.03
PI Industries Ltd.
1,116.70 + 20.00
Wendt India Ltd.
1,946.00 + 20.00
Maral Overseas Ltd.
15.30 + 15.04
Hercules Hoists Ltd.
353.60 + 13.10

NSE Losers
Scrip Price(Rs.) %Change
Rushil Decor Ltd.
130.70 -19.99
Kanoria Chemicals & Indus
44.75 -13.69
Agro Dutch Industries Ltd
10.05 -9.46
Shree Ashtavinayak Cine V
4.25 -8.60
SKS Microfinance Ltd.
479.85 -8.12



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This was the 11th successive hike by the central bank since October 2009, pushing the rate cumulatively by 325 bps.

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If you are an NRI and are looking at the best way to file your tax returns, here is a quick guide. We also help you understand if you need to file a return in the first place.


Most Commented Story
This was the 11th successive hike by the central bank since October 2009, pushing the rate cumulatively by 325 bps.


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