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Indian benchmark indices ended higher on Friday, extending gains for the third straight week, driven by hopes of an India-US trade deal and consistent foreign portfolio investor inflows for 11 sessions.
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Pan-India real estate presents a mixed bag, with Mumbai and Pune outperforming while NCR and Bengaluru show signs of fatigue. High-end projects in Mumbai, particularly Worli Sea Face, are seeing transactions exceeding 200,000 per square foot. Experts anticipate that softening interest rates and the Pradhan Mantri Awas Yojana 2.0 will revitalize the affordable housing segment.
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Wait for any dip in index to buy the dip and I am very bullish on this market for medium to longer term, having seen this big move happening in very short term about 2,700 point Nifty move has happened just in the 10 to 12 trading session, so now we are seeing some time-wise consolidation and use any dip in market to definitely buy.
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